Cost of Living in Grantville, GA

Population 3,220 · Georgia · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Grantville can reasonably expect a home to cost less than three years of household income — $183,000 against $74,583 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 3.0% points to a labor market well on the tight side of the national distribution.

Geographically, Grantville is about 30 miles southwest of South Fulton, the nearest large metro. Median home values run roughly 32% lower than South Fulton's $271,000.

Cost Overview

Housing 60
Rent 96

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Grantville

The median home value in Grantville is $183,100 — 40% below the national median of $305,000. Median rent runs $1,264/month, 4% lower than the national median of $1,314/month. The median household income of $74,583/year is equal to than the US median of $74,580. The local unemployment rate is 3.0%, below the national average of 4.8%. Georgia's top state income tax rate is 5.5% and the combined sales tax is 7.3%. Overall, Grantville has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$183,100
40% below avg
Zillow Home Value
$295,987
Zillow ZHVI
Median Rent
$1,264/mo
4% below avg
Price-to-Rent Ratio
12.1x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$773
1 BR
$817
2 BR
$984
3 BR
$1,289
4 BR
$1,520
Owner-occupied 78.6%
Renter-occupied 21.4%

💰 Estimated Monthly Budget

Rent median rent
$1,264
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,878/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
33.1 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.5%

Commute Mode

Drove alone
89.9%
Carpooled
4.0%
Walked
1.5%
Bicycle
0.2%
Work from home
3.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.5%
Total Sales Tax 7.3%
State rate 4.0%
Avg local rate 3.4%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$74,583
0% below avg
Per Capita Income
$30,567
Unemployment Rate
3.0%
38% below avg
Poverty Rate
10.3%
Labor Force Participation
69.0%

🎓 Education

Bachelor's degree+ 8.5%
Graduate degree 3.0%

👥 Demographics

Median Age 34.5
Male median age 34.3
Female median age 35.8

Frequently Asked Questions

What is the cost of living in Grantville, GA?

Grantville has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Grantville, GA?

The median gross rent in Grantville is $1,264 per month based on 2023 Census data.

What is the average home price in Grantville?

The median home value in Grantville is $183,100 according to Zillow and Census data.

What is the median income in Grantville?

The median household income in Grantville is $74,583 per year (2023 ACS 5-year estimates).

What is the sales tax in Grantville, GA?

The combined state and local sales tax rate in Grantville is 7.3%. The Georgia state income tax top rate is 5.5%.

Is Grantville, GA affordable?

Yes, Grantville is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

Grantville at a Glance

Population
3,220
Median Income
$74,583
Home Value
$183,100
Median Rent
$1,264/mo
Unemployment
3.0%
Sales Tax
7.3%
View all cities in Georgia →
🗺️ County data for Georgia

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs