Commerce 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.
IndexCommerceGeorgiaNational
Cost of living index9394100
IndexCommerceGeorgiaNational
Goods & Services index10999100
Groceries index10699100
Health care index9899100
Housing index6987100
Transportation index9193100
Utilities index9395100
The above illustration supplies generalized information for the Commerce, GA cost of living index. Compared to other cities in Georgia and cities across the country, the cost of living index in Commerce, GA is 93, which is 2% lower than the Georgia average and 7% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Commerce, GA are 10% higher than the average for Georgia and 9% higher than the rest of the country.

Did you know?

  • The cost of living in Commerce is 2% lower than the Georgia average.
  • The cost of living in Commerce is 7% lower than the national average.
  • The cost of housing in Commerce is 31% 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

This is how much you would need to earn in
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 allows you to compare how much your current salary in Commerce, GA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Commerce, GA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Commerce, GA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$50,674$4,223$1,182$1,520
Renters$22,688$1,891$529$681
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 Commerce, 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. Commerce, GA has a median income of about $50,674 for people who own homes. Based on that number, a person should spend a maximum of $1,182 on expenses related to housing. Renters have a slightly different median income, which is $22,688. Based on this average, renters should spend no more than $529 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Georgia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Georgia4%8%

Georgia Income Tax

StateIncome Tax (Low)Income Tax (High)
Georgia1%6%
When assessing the complete cost of living in Commerce, GA, the Georgia income tax and the Georgia sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Georgia maximum surtax is 8%, and the Georgia sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1% to 6% in Georgia.

Goods & Services

ItemCommerceNational avg.Difference
Haircut $15.78$15.561.4%
Beauty Salon $31.00$36.1114.2%
Toothpaste $2.69$2.478.9%
Shampoo $1.09$0.9612.6%
Movie $9.87$10.132.5%
Bowling $3.50$4.7426.1%

Groceries

ItemCommerceNational avg.Difference
Ground Beef $4.54$3.9813.9%
Fried Chicken $1.50$1.416.4%
Milk $2.13$2.063.0%
Potatoes $3.42$2.9814.7%
Pizza $8.99$9.475.1%
Beer $9.19$8.794.5%

Health Care

ItemCommerceNational avg.Difference
Optometrist $85.39$101.0415.5%
Doctor $112.00$107.444.2%
Dentist $81.00$90.4210.4%
Ibuprofen $10.32$9.2811.2%
Lipitor $432.49$426.501.4%

Housing

ItemCommerceNational avg.Difference
Home Price $106,400.00$175,700.0039.4%
Avg. Mortgage Payment $742.26$1,133.2334.5%
Apartment Rent $805.00$920.0012.5%

Transportation

ItemCommerceNational avg.Difference
Gasoline $1.72$1.9913.7%
Tire Balancing $45.77$45.760.0%

Utilities

ItemCommerceNational avg.Difference
All Electricity$137.72$163.8115.9%
Phone $30.31$28.396.8%
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, StatePopulationCost of Living IndexNational Avg.
Carnesville, GA65288-12%
Arcade, GA1,50689-11%
Nicholson, GA1,42590-10%
Gillsville, GA26789-11%
Hull, GA17891-9%
Commerce, GA6,53593-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Fair Oaks Ranch, TX6,53412323%
Blakely, PA6,53495-5%
Seneca Falls, NY6,53387-13%
Cottage Grove, WI6,53311313%
Otis Orchards-East Farms, WA6,5381033%
Commerce, GA6,53593-7%
Source: The Commerce, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.