Cost of Living in Palmetto, GA
Population 4,681 · Georgia · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Palmetto a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $204,000. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.
Palmetto sits roughly 9 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 25% lower than South Fulton's $271,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Palmetto
The median home value in Palmetto is $203,600 — 33% below the national median of $305,000. Median rent runs $1,223/month, 7% lower than the national median of $1,314/month. The median household income of $54,745/year is 27% lower than the US median of $74,580. The local unemployment rate is 1.9%, 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, Palmetto has a cost of living index of 77 versus the US average of 100, meaning it is 23% less expensive.
Palmetto has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Palmetto, GA?
Palmetto has a cost index of 77 (100 = national average). It is 23% below the national average.
What is average rent in Palmetto, GA?
The median gross rent in Palmetto is $1,223 per month based on 2023 Census data.
What is the average home price in Palmetto?
The median home value in Palmetto is $203,600 according to Zillow and Census data.
What is the median income in Palmetto?
The median household income in Palmetto is $54,745 per year (2023 ACS 5-year estimates).
What is the sales tax in Palmetto, GA?
The combined state and local sales tax rate in Palmetto is 7.3%. The Georgia state income tax top rate is 5.5%.
Is Palmetto, GA affordable?
Yes, Palmetto is generally considered affordable, with a cost of living index of 77 — about 23% below the US national average of 100.
Palmetto at a Glance
- Population
- 4,681
- Median Income
- $54,745
- Home Value
- $203,600
- Median Rent
- $1,223/mo
- Unemployment
- 1.9%
- Sales Tax
- 7.3%
Nearby Cities
Explore county-level cost of living data
Georgia Rankings
Similar Cost Cities
Cities in other states with comparable housing costs