Jasper 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.
IndexJasperGeorgiaNational
Cost of living index9694100
IndexJasperGeorgiaNational
Goods & Services index10099100
Groceries index10199100
Health care index10099100
Housing index8687100
Transportation index9493100
Utilities index10195100
A general summary of the cost of living index in Jasper, GA is shown above. Compared to the state average of Georgia the cost of living index in Jasper, GA is 96, which is 1% higher than the average in Georgia and compared to the national average it is 4% lower 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 Jasper, GA goods and services come in at 1% higher than the average in Georgia and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Jasper is 1% higher than the Georgia average.
  • The cost of living in Jasper is 4% lower than the national average.
  • The cost of housing in Jasper is 14% 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.

Find Real Estate Listings In Jasper

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Jasper

Compare Jasper, GA Cost of living To Other Cities

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
Use the salary calculator to compare your current income in Jasper, GA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Jasper, GA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Jasper, GA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$64,688$5,391$1,509$1,941
Renters$29,817$2,485$696$895
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 Jasper, 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. Jasper, GA has a median income of about $64,688 for people who own homes. Based on that number, a person should spend a maximum of $1,509 on expenses related to housing. Renters have a slightly different median income, which is $29,817. Based on this average, renters should spend no more than $696 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 you are determining the total cost of living in Jasper, GA you will want to make sure you consider both the Georgia sales tax and the Georgia income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Georgia is 4%, with the highest surtax being 8%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Georgia have a range from 1% to 6%.

Goods & Services

ItemJasperNational avg.Difference
Haircut $17.03$15.569.4%
Beauty Salon $34.76$36.113.7%
Toothpaste $3.31$2.4734.0%
Shampoo $0.90$0.967.0%
Movie $12.05$10.1319.0%
Bowling $5.06$4.746.8%

Groceries

ItemJasperNational avg.Difference
Ground Beef $4.14$3.984.0%
Fried Chicken $1.26$1.4110.3%
Milk $1.92$2.067.0%
Potatoes $3.56$2.9819.5%
Pizza $8.23$9.4713.1%
Beer $8.75$8.790.5%

Health Care

ItemJasperNational avg.Difference
Optometrist $94.47$101.046.5%
Doctor $103.88$107.443.3%
Dentist $93.17$90.423.0%
Ibuprofen $8.39$9.289.6%
Lipitor $445.53$426.504.5%

Housing

ItemJasperNational avg.Difference
Home Price $150,800.00$175,700.0014.2%
Avg. Mortgage Payment $971.53$1,133.2314.3%
Apartment Rent $806.00$920.0012.4%

Transportation

ItemJasperNational avg.Difference
Gasoline $1.93$1.993.0%
Tire Balancing $40.35$45.7611.8%

Utilities

ItemJasperNational avg.Difference
All Electricity$178.28$163.818.8%
Phone $25.98$28.398.5%
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.
Fairmount, GA77382-18%
Waleska, GA61591-9%
Nelson, GA1,30698-2%
East Ellijay, GA99797-3%
Talking Rock, GA7797-3%
Jasper, GA3,69196-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Brimfield, OH3,69193-7%
Forsyth, IL3,6901022%
Coal Valley, IL3,69296-4%
Emerald Isle, NC3,68912727%
Leisure Village East, NJ3,6891099%
Jasper, GA3,69196-4%
Source: The Jasper, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.