Druid Hills 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.
IndexDruid HillsGeorgiaNational
Cost of living index13994100
IndexDruid HillsGeorgiaNational
Goods & Services index10299100
Groceries index10499100
Health care index10899100
Housing index22487100
Transportation index10293100
Utilities index10495100
A general summary of the cost of living index in Druid Hills, GA is shown above. Compared to the state average of Georgia the cost of living index in Druid Hills, GA is 139, which is 47% higher than the average in Georgia and compared to the national average it is 39% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Druid Hills, GA goods and services come in at 3% higher than the average in Georgia and are 2% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Druid Hills is 47% higher than the Georgia average.
  • The cost of living in Druid Hills is 39% higher than the national average.
  • The cost of housing in Druid Hills is 124% higher 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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Compare Druid Hills, GA Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Druid Hills, GA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Druid Hills, GA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Druid Hills, GA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$136,389$11,366$3,182$4,092
Renters$39,639$3,303$925$1,189
If you want to find a good determining factor for the cost of living and the general affordability of housing in Druid Hills, GA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Druid Hills, GA, the median monthly income is $136,389 for those who own their own homes. Under the standard rule, that income level would allow for $3,182 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $39,639, per the median income in the area. That would allow for renters to spend up to $925 on monthly rental expenses.

Georgia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Georgia4%8%

Georgia Income Tax

StateIncome Tax (Low)Income Tax (High)
Georgia1%6%
One thing to keep in mind when considering the cost of living in Druid Hills, 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

ItemDruid HillsNational avg.Difference
Haircut $17.87$15.5614.8%
Beauty Salon $48.13$36.1133.3%
Toothpaste $2.65$2.477.2%
Shampoo $1.07$0.9610.9%
Movie $13.23$10.1330.6%
Bowling $4.92$4.744.0%

Groceries

ItemDruid HillsNational avg.Difference
Ground Beef $4.30$3.988.0%
Fried Chicken $1.35$1.414.3%
Milk $1.99$2.063.6%
Potatoes $2.86$2.984.2%
Pizza $8.66$9.478.6%
Beer $9.27$8.795.5%

Health Care

ItemDruid HillsNational avg.Difference
Optometrist $92.82$101.048.1%
Doctor $101.25$107.445.8%
Dentist $112.95$90.4224.9%
Ibuprofen $9.25$9.280.3%
Lipitor $433.06$426.501.5%

Housing

ItemDruid HillsNational avg.Difference
Home Price $457,500.00$175,700.00160.4%
Avg. Mortgage Payment $928.50$1,133.2318.1%
Apartment Rent $1,270.00$920.0038.0%

Transportation

ItemDruid HillsNational avg.Difference
Gasoline $2.08$1.994.2%
Tire Balancing $44.13$45.763.6%

Utilities

ItemDruid HillsNational avg.Difference
All Electricity$140.88$163.8114.0%
Phone $36.33$28.3928.0%
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.
Forest Park, GA18,78387-13%
Conley, GA5,67987-13%
Lithonia, GA1,97588-12%
Panthersville, GA9,47490-10%
Stone Mountain, GA5,92490-10%
Druid Hills, GA14,43913939%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Beacon, NY14,43712525%
Moorestown-Lenola, NJ14,43613838%
Harrison, NJ14,43612525%
Hawaiian Gardens, CA14,43211919%
Bridgetown, OH14,41290-10%
Druid Hills, GA14,43913939%
Source: The Druid Hills, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.