Rockmart 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.
IndexRockmartGeorgiaNational
Cost of living index9094100
IndexRockmartGeorgiaNational
Goods & Services index10296100
Groceries index107100100
Health care index10394100
Housing index6087100
Transportation index10996100
Utilities index9197100
A general summary of the cost of living index in Rockmart, GA is shown above. Compared to the state average of Georgia the cost of living index in Rockmart, GA is 90, which is 5% lower than the average in Georgia and compared to the national average it is 10% 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 Rockmart, GA goods and services come in at 6% higher than the average in Georgia and are 2% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Rockmart is 5% lower than the Georgia average.
  • The cost of living in Rockmart is 10% lower than the national average.
  • The cost of housing in Rockmart is 40% 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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Use the salary calculator to compare your current income in Rockmart, 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 Rockmart, GA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Rockmart, 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$52,250$4,354$1,219$1,568
Renters$29,101$2,425$679$873
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Rockmart, GA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Rockmart, GA homeowners have a median income of $52,250. Using that number, you will come up with a maximum of $1,219 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $29,101, which means there is a maximum of $679 to be spent on the costs of renting a home or apartment.

Georgia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Georgia4%8%

Georgia Income Tax

StateIncome Tax (Low)Income Tax (High)
Georgia1%6%
When considering the overall cost of living expenses in Rockmart, GA, it's important to take into account the sales tax for Georgia, as well as the rate for income tax in Georgia. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Georgia is 8%, and the sales tax in the state of Georgia is 4%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Georgia starts from 1% and goes up to 6%.

Goods & Services

ItemRockmartNational avg.Difference
Haircut $17.70$14.5921.3%
Beauty Salon $43.70$34.6826.0%
Toothpaste $2.57$2.473.9%
Shampoo $0.75$1.0226.6%
Movie $12.24$9.8724.0%
Bowling $5.21$4.3918.6%

Groceries

ItemRockmartNational avg.Difference
Ground Beef $4.74$4.485.9%
Fried Chicken $1.54$1.465.2%
Milk $2.42$2.362.7%
Potatoes $3.74$3.0622.2%
Pizza $8.09$9.2412.5%
Beer $8.97$8.633.9%

Health Care

ItemRockmartNational avg.Difference
Optometrist $88.57$99.7811.2%
Doctor $96.50$105.038.1%
Dentist $105.50$88.7018.9%
Ibuprofen $6.29$9.4133.2%
Lipitor $324.65$298.508.8%

Housing

ItemRockmartNational avg.Difference
Home Price $91,800.00$175,700.0047.8%
Avg. Mortgage Payment $1,027.50$1,081.035.0%
Apartment Rent $709.00$920.0022.9%

Transportation

ItemRockmartNational avg.Difference
Gasoline $2.25$2.097.8%
Tire Balancing $51.19$45.2913.0%

Utilities

ItemRockmartNational avg.Difference
All Electricity$146.37$170.8014.3%
Phone $27.94$28.261.1%
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, StatePopulationCost of Living IndexNational Avg.
Buchanan, GA1,20982-18%
Cedartown, GA9,76082-18%
Lindale, GA4,26685-15%
Aragon, GA1,16491-9%
Braswell, GA33392-8%
Rockmart, GA4,17490-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Heritage Hills, NY4,17415151%
Williamstown, MA4,17312222%
Euharlee, GA4,17299-1%
Key Center, WA4,17212020%
Mojave, CA4,17288-12%
Rockmart, GA4,17490-10%
Source: The Rockmart, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.