Acworth, Georgia Cost Of Living

Buy Rent

B-

Overall 5%

Goods & Services 2%

Housing 7%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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 living	95	93	100
Goods & Services	98	97	100
Groceries	105	96	100
Health care	87	96	100
Housing	93	86	100
Transportation	96	92	100
Utilities	83	91	100

Key findings

The cost of living in Acworth is 3% higher than the Georgia average
The cost of living in Acworth is 5% lower than the national average
Acworth housing is 7% lower than the national average
Georgia general sales tax is 21% lower than the national average
Georgia state income tax is 59% lower than the national average

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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	$67,959	$5,663	$1,586	$2,039
Renters	$36,186	$3,016	$844	$1,086

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 $67,959 for those who own their own homes. Under the standard rule, that income level would allow for $1,586 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $36,186, per the median income in the area. That would allow for renters to spend up to $844 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%	5.75%

Goods & Services

Item	Acworth	National avg.	Difference
Haircut	$14.00	$20.27	30.9%
Beauty Salon	$39.67	$40.39	1.8%
Toothpaste	$2.26	$2.36	4.1%
Shampoo	$0.96	$1.08	10.8%
Movie	$13.92	$10.99	26.7%
Bowling	$6.00	$15.49	61.3%

Groceries

Item	Acworth	National avg.	Difference
Ground Beef	$5.27	$4.30	22.6%
Fried Chicken	$1.56	$1.40	11.7%
Milk	$2.32	$2.20	5.5%
Potatoes	$4.46	$3.22	38.6%
Pizza	$11.16	$10.74	3.9%
Beer	$10.44	$9.60	8.8%

Health Care

Item	Acworth	National avg.	Difference
Optometrist	$88.17	$109.73	19.6%
Doctor	$70.00	$118.34	40.8%
Dentist	$104.50	$100.94	3.5%
Ibuprofen	$8.94	$9.93	10.0%
Lipitor	$435.30	$469.53	7.3%

Housing

Item	Acworth	National avg.	Difference
Home Price	$158,000.00	$184,700.00	14.5%
Avg. Mortgage Payment	$841.02	$1,229.62	31.6%
Apartment Rent	$1,037.00	$949.00	9.3%

Transportation

Item	Acworth	National avg.	Difference
Gasoline	$2.66	$2.71	2.0%
Tire Balancing	$47.67	$51.86	8.1%

Utilities

Item	Acworth	National avg.	Difference
All Electricity	$119.53	$170.84	30.0%
Phone	$187.02	$187.18	0.1%

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	Population	Cost of Living Index	National Avg.
Fair Oaks, GA	9,974	90	10.1%
Emerson, GA	1,649	89	10.7%
Dallas, GA	12,622	90	9.6%
Hiram, GA	3,751	91	9.5%
Cartersville, GA	20,169	91	9.0%
Acworth, GA	21,824	95	5.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Prairie Village, KS	21,824	102	2.1%
Massapequa, NY	21,820	165	64.5%
Kenmore, WA	21,830	149	49.4%
Park Forest, IL	21,831	89	11.3%
Stoneham, MA	21,831	146	46.3%
Acworth, GA	21,824	95	5.0%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.