A+
1%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
14%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Acworth Georgia National
Cost of living10193100
Goods & Services9997100
Groceries9798100
Health care94100100
Housing11486100
Transportation9694100
Utilities8086100

An Overview of Cost of Living in Acworth, GA

Knowing the cost of living in Acworth allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Acworth stands at 101, marking it 1% higher than the national average.

The cost of living in Acworth aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, goods and services, health care and utility bills are priced at a level consistent with the average in similar urban areas. Acworth residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.

Is Acworth Affordable?

Is Acworth affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Acworth, for instance, where the median home price falls 4.7% higher than the national average, and monthly rent rates are 36.6% higher than usual. Additionally, median income levels contribute to the equation, with Acworth flaunting a median household income of $66,003, 19.3% higher than the national norm.

What Factors can Influence the Cost of Living in Acworth?

Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Acworth, the groceries index registers 2.9% lower than the national average.

Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Acworth, is 14.2% higher than the national average.

Where is the Data From?

The cost of living in Acworth, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Acworth is 9% higher than the Georgia average
  • The cost of living in Acworth is 1% higher than the national average
  • Acworth housing is 14% higher than the national average
  • Georgia general sales tax is 22% lower than the national average
  • Georgia state income tax is 61% lower than the national average

Most Affordable Places to Live in and Around Acworth

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Compare Acworth, GA Cost of Living

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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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$75,385$6,282$1,759$2,262
      Renters$55,098$4,592$1,286$1,653
      A good indicator of the general affordability of housing in Acworth, GA, 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 Acworth, the median monthly income is $75,385 for those who own their own homes. Under the standard rule, that income level would allow for $1,759 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $55,098, per the median income in the area. That would allow for renters to spend up to $1,286 on monthly rental expenses.

      Georgia Sales Tax

      State General Sales Tax With Max Surtax
      Georgia 4% 8%

      Georgia Income Tax

      State Income Tax (Low) Income Tax (High)
      Georgia 1% 5.57%

      Goods & Services

      Item Acworth National avg. Difference
      Haircut $20.83$24.2614.1%
      Beauty Salon $32.83$45.5627.9%
      Toothpaste $3.60$3.702.8%
      Shampoo $1.22$1.284.7%
      Movie $14.41$12.1318.7%
      Bowling $17.50$18.002.8%

      Groceries

      Item Acworth National avg. Difference
      Ground Beef $5.78$5.841.1%
      Fried Chicken $1.43$1.579.3%
      Milk $4.54$4.672.8%
      Potatoes $5.24$4.936.2%
      Pizza $11.13$12.097.9%
      Beer $10.27$10.411.4%

      Health Care

      Item Acworth National avg. Difference
      Optometrist $151.92$125.6820.9%
      Doctor $92.83$135.7831.6%
      Dentist $82.67$113.2927.0%
      Ibuprofen $10.24$10.653.9%
      Lipitor $472.05$468.600.7%

      Housing

      Item Acworth National avg. Difference
      Home Price $193,300.00$184,700.004.7%
      Avg. Mortgage Payment $1,447.48$2,346.6938.3%
      Apartment Rent $1,296.00$949.0036.6%

      Transportation

      Item Acworth National avg. Difference
      Gasoline $3.22$3.467.0%
      Tire Balancing $47.47$59.9220.8%

      Utilities

      Item Acworth National avg. Difference
      All Electricity $141.36$193.9927.1%
      Phone $192.75$192.250.3%
      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 Population Cost of Living Index National Avg.
      Emerson, GA1,921936.8%
      Euharlee, GA4,348936.7%
      Fair Oaks, GA9,447954.7%
      Dallas, GA13,680964.4%
      Hiram, GA4,021964.0%
      Acworth, GA22,6831011.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      West Carson, CA22,69715251.9%
      Valinda, CA22,66514746.7%
      New Brighton, MN22,6631088.0%
      Machesney Park, IL22,7098910.7%
      Griffin, GA22,7249010.2%
      Acworth, GA22,6831011.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.