Woodstock 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.
IndexWoodstockGeorgiaNational
Cost of living index10494100
IndexWoodstockGeorgiaNational
Goods & Services index10296100
Groceries index107100100
Health care index10394100
Housing index10887100
Transportation index10996100
Utilities index9197100
Displayed above is a general overview of the Woodstock, GA cost of living index. The overall cost of living index in Woodstock, GA is 104, which is 11% higher than the Georgia average and 4% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Woodstock, GA are 6% higher than the Georgia average and 2% higher than the national average.

Did you know?

  • The cost of living in Woodstock is 11% higher than the Georgia average.
  • The cost of living in Woodstock is 4% higher than the national average.
  • The cost of housing in Woodstock is 8% 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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Salary Calculator

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Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Woodstock, 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 Woodstock, GA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Woodstock, 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$82,500$6,875$1,925$2,475
Renters$48,246$4,021$1,126$1,448
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Woodstock, GA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Woodstock, GA homeowners, is $82,500. This would allow for a maximum of $1,925 per month to be spent on housing costs. For renters, the median monthly income is $48,246 which would result in a maximum of $1,126 to be spent on rental costs.

Georgia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Georgia4%8%

Georgia Income Tax

StateIncome Tax (Low)Income Tax (High)
Georgia1%6%
For those who live in Woodstock, GA and want to know what the true cost of living is, they ought to look at both the Georgia income tax rate and the Georgia sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Georgia, the sales tax is 4%, while the most you'll pay in surtax is 8%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Georgia, the income tax rate ranges between 1% to 6%.

Goods & Services

ItemWoodstockNational 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

ItemWoodstockNational 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

ItemWoodstockNational 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

ItemWoodstockNational avg.Difference
Home Price $179,200.00$175,700.002.0%
Avg. Mortgage Payment $1,027.50$1,081.035.0%
Apartment Rent $1,121.00$920.0021.8%

Transportation

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

Utilities

ItemWoodstockNational 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.
White, GA74085-15%
Fair Oaks, GA8,53391-9%
Waleska, GA61589-11%
Emerson, GA1,39794-6%
Hiram, GA3,62895-5%
Woodstock, GA25,6721044%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Laurel, MD25,67311111%
Hazelwood, MO25,67190-10%
Shoreview, MN25,67311212%
Neenah, WI25,69795-5%
Vineyard, CA25,64012626%
Woodstock, GA25,6721044%
Source: The Woodstock, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.