Cost of Living in Newnan, GA

Population 43,510 · Georgia · Data vintage 2023

107
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Newnan lands reasonably close to national benchmarks on most cost indicators, with a median home value of $328,000 — 7% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Georgia.

Newnan sits roughly 20 miles southwest of South Fulton — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 21% higher than South Fulton's $271,000.

Cost Overview

Housing 107
Rent 106

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

About the Cost of Living in Newnan

The median home value in Newnan is $327,800 — 7% above the national median of $305,000. Median rent runs $1,391/month, 6% higher than the national median of $1,314/month. The median household income of $80,299/year is 8% higher than the US median of $74,580. The local unemployment rate is 3.2%, 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, Newnan has a cost of living index of 107 versus the US average of 100, meaning it is 7% more expensive.

🏠 Housing

Median Home Value
$327,800
7% above avg
Zillow Home Value
$361,886
Zillow ZHVI
Median Rent
$1,391/mo
6% above avg
Zillow Rent
$1,749/mo
Zillow ZORI
Price-to-Rent Ratio
19.6x
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 57.2%
Renter-occupied 42.8%

💰 Estimated Monthly Budget

Rent median rent
$1,391
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,005/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
30.8 min
14% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.3%

Commute Mode

Drove alone
76.5%
Carpooled
7.8%
Public transit
0.4%
Walked
1.0%
Work from home
11.3%

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
$80,299
8% above avg
Per Capita Income
$41,431
Unemployment Rate
3.2%
33% below avg
Poverty Rate
8.9%
Labor Force Participation
66.9%

🎓 Education

Bachelor's degree+ 23.3%
Graduate degree 16.5%

👥 Demographics

Median Age 35.8
Male median age 35.5
Female median age 36.2

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
15.5:1
Student-teacher ratio
28
Public schools
22,855
Total enrollment

Frequently Asked Questions

What is the cost of living in Newnan, GA?

Newnan has a cost index of 107 (100 = national average). It is 7% above the national average.

What is average rent in Newnan, GA?

The median gross rent in Newnan is $1,391 per month based on 2023 Census data.

What is the average home price in Newnan?

The median home value in Newnan is $327,800 according to Zillow and Census data.

What is the median income in Newnan?

The median household income in Newnan is $80,299 per year (2023 ACS 5-year estimates).

What is the sales tax in Newnan, GA?

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

Is Newnan, GA affordable?

Newnan is near the national average in terms of cost of living, with an index of 107 (100 = US average).

Newnan at a Glance

Population
43,510
Median Income
$80,299
Home Value
$327,800
Median Rent
$1,391/mo
Unemployment
3.2%
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