Blakely, GA Cost Of Living

Blakely cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Blakely	Georgia	National
Cost of living index	81	93	100
Index	Blakely	Georgia	National
Goods & Services index	91	96	100
Groceries index	99	99	100
Health care index	87	96	100
Housing index	50	86	100
Transportation index	88	96	100
Utilities index	107	97	100

A general overview of the cost of living index for Blakely, GA is displayed above. In Blakely, GA, the overall cost of living index is 81, which is 14% lower than the Georgia average and 19% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Blakely, GA, the city's goods and services are 5% lower than the Georgia average and 9% lower than the U.S. average.

Did you know?

The cost of living in Blakely is 14% lower than the Georgia average.
The cost of living in Blakely is 19% lower than the national average.
The cost of housing in Blakely is 50% lower than the national average.
Georgia general sales tax is 21% lower than the national average.
Georgia state income tax is 55% lower than the national average.

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Salary Calculator

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

The salary calculator is meant to help you compare your salary in Blakely, GA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Blakely, GA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Blakely, GA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$40,588	$3,382	$947	$1,218
Renters	$18,058	$1,505	$421	$542

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Blakely, GA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Blakely, GA has a median income of about $40,588 for people who own homes. Based on that number, a person should spend a maximum of $947 on expenses related to housing. Renters have a slightly different median income, which is $18,058. Based on this average, renters should spend no more than $421 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Georgia Sales Tax

State	General Sales Tax	With Max Surtax
Georgia	4%	8%

Georgia Income Tax

State	Income Tax (Low)	Income Tax (High)
Georgia	1%	6%

One thing to keep in mind when considering the cost of living in Blakely, GA is the Georgia sales tax and Georgia income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Georgia sales tax rate is 4% and the maximum surtax that can be charged is 8%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Georgia income tax rates range from 1% to 6%.

Goods & Services

Item	Blakely	National avg.	Difference
Haircut	$12.08	$16.09	24.9%
Beauty Salon	$21.51	$37.33	42.4%
Toothpaste	$1.75	$2.45	28.3%
Shampoo	$0.93	$1.00	7.1%
Movie	$7.94	$10.28	22.8%
Bowling	$4.23	$4.93	14.2%

Groceries

Item	Blakely	National avg.	Difference
Ground Beef	$3.70	$3.80	2.7%
Fried Chicken	$1.51	$1.40	8.4%
Milk	$2.16	$2.01	7.8%
Potatoes	$3.05	$3.01	1.3%
Pizza	$10.00	$9.89	1.2%
Beer	$8.77	$8.90	1.5%

Health Care

Item	Blakely	National avg.	Difference
Optometrist	$75.02	$102.16	26.6%
Doctor	$87.01	$108.36	19.7%
Dentist	$66.84	$92.53	27.8%
Ibuprofen	$12.82	$9.28	38.2%
Lipitor	$450.67	$425.82	5.8%

Housing

Item	Blakely	National avg.	Difference
Home Price	$81,800.00	$184,700.00	55.7%
Avg. Mortgage Payment	$858.21	$1,202.44	28.6%
Apartment Rent	$605.00	$949.00	36.2%

Transportation

Item	Blakely	National avg.	Difference
Gasoline	$2.01	$2.24	10.2%
Tire Balancing	$38.58	$46.29	16.7%

Utilities

Item	Blakely	National avg.	Difference
All Electricity	$141.42	$165.96	14.8%
Phone	$38.17	$28.68	33.1%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Cedar Springs, GA	78	94	-6%
Arlington, GA	1,459	77	-23%
Edison, GA	1,146	80	-20%
Bluffton, GA	90	79	-21%
Columbia, AL	528	79	-21%
Blakely, GA	4,787	81	-19%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Winnsboro, LA	4,788	82	-18%
Reiffton, PA	4,785	103	3%
Princeton, MN	4,785	94	-6%
Prospect, KY	4,789	119	19%
Hardeeville, SC	4,789	112	12%
Blakely, GA	4,787	81	-19%

Source: The Blakely, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Blakely, GA Cost of Living