Cost of Living in Skidaway Island, GA

Population 8,907 · Georgia · Data vintage 2023

231
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Skidaway Island's housing market reflects its status as a high-earning metro: $763,000 for a typical home, 150% above the US median, paired with household incomes around $121,991 that put it in the upper third of the state. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Skidaway Island sits roughly 10 miles southeast of Savannah — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 239% higher than Savannah's $225,000.

Cost Overview

Housing 250
Rent 203

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

About the Cost of Living in Skidaway Island

The median home value in Skidaway Island is $763,100 — 150% above the national median of $305,000. Median rent runs $2,673/month, 103% higher than the national median of $1,314/month. The median household income of $121,991/year is 64% higher than the US median of $74,580. The local unemployment rate is 6.2%, above 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, Skidaway Island has a cost of living index of 231 versus the US average of 100, meaning it is 131% more expensive.

🏠 Housing

Median Home Value
$763,100
150% above avg
Zillow Home Value
$237,848
Zillow ZHVI
Median Rent
$2,673/mo
103% above avg
Price-to-Rent Ratio
23.8x
Favors renting
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 91.2%
Renter-occupied 8.8%

💰 Estimated Monthly Budget

Rent median rent
$2,673
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,287/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
28.1 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
22.7%

Commute Mode

Drove alone
66.5%
Carpooled
5.0%
Walked
2.9%
Work from home
22.7%

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
$121,991
64% above avg
Per Capita Income
$85,451
Unemployment Rate
6.2%
30% above avg
Poverty Rate
2.3%
Labor Force Participation
34.8%

🎓 Education

Bachelor's degree+ 40.4%
Graduate degree 31.4%

👥 Demographics

Median Age 66.4
Male median age 67.1
Female median age 65.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
56%
Good air days/yr
108
Max AQI recorded
300
PM2.5 days
52
Ozone days

Frequently Asked Questions

What is the cost of living in Skidaway Island, GA?

Skidaway Island has a cost index of 231 (100 = national average). It is 131% above the national average.

What is average rent in Skidaway Island, GA?

The median gross rent in Skidaway Island is $2,673 per month based on 2023 Census data.

What is the average home price in Skidaway Island?

The median home value in Skidaway Island is $763,100 according to Zillow and Census data.

What is the median income in Skidaway Island?

The median household income in Skidaway Island is $121,991 per year (2023 ACS 5-year estimates).

What is the sales tax in Skidaway Island, GA?

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

Is Skidaway Island, GA affordable?

Skidaway Island is above average in cost of living, with an index of 231 — about 131% higher than the national average.

Skidaway Island at a Glance

Population
8,907
Median Income
$121,991
Home Value
$763,100
Median Rent
$2,673/mo
Unemployment
6.2%
Sales Tax
7.3%
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🗺️ County data for Georgia

Explore county-level cost of living data

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