Cost Of Living in Bonanza, GA

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A+

4%

Overall NAT. AVG.

0%

Goods & Services NAT. AVG.

9%

Housing NAT. AVG.

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	Bonanza	Georgia	National
Cost of living	96	93	100
Goods & Services	100	97	100
Groceries	101	98	100
Health care	109	100	100
Housing	91	86	100
Transportation	99	94	100
Utilities	81	86	100

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Cost Of Living Quick Facts

The cost of living in Bonanza is 3% higher than the Georgia average
The cost of living in Bonanza is 4% lower than the national average
Bonanza housing is 9% lower 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

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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	$78,615	$6,551	$1,834	$2,359
Renters	$45,734	$3,811	$1,067	$1,372

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	Bonanza	National avg.	Difference
Haircut	$27.25	$24.26	12.3%
Beauty Salon	$56.36	$45.56	23.7%
Toothpaste	$3.74	$3.70	0.9%
Shampoo	$1.33	$1.28	3.9%
Movie	$15.20	$12.13	25.3%
Bowling	$20.98	$18.00	16.5%

Groceries

Item	Bonanza	National avg.	Difference
Ground Beef	$5.25	$5.84	10.1%
Fried Chicken	$1.61	$1.57	2.1%
Milk	$4.69	$4.67	0.4%
Potatoes	$5.32	$4.93	7.9%
Pizza	$11.36	$12.09	6.0%
Beer	$10.39	$10.41	0.2%

Health Care

Item	Bonanza	National avg.	Difference
Optometrist	$129.73	$125.68	3.2%
Doctor	$128.57	$135.78	5.3%
Dentist	$144.73	$113.29	27.8%
Ibuprofen	$10.74	$10.65	0.8%
Lipitor	$495.22	$468.60	5.7%

Housing

Item	Bonanza	National avg.	Difference
Home Price	$128,000.00	$184,700.00	30.7%
Avg. Mortgage Payment	$2,292.55	$2,346.69	2.3%
Apartment Rent	$1,335.00	$949.00	40.7%

Transportation

Item	Bonanza	National avg.	Difference
Gasoline	$3.20	$3.46	7.5%
Tire Balancing	$69.77	$59.92	16.4%

Utilities

Item	Bonanza	National avg.	Difference
All Electricity	$134.81	$193.99	30.5%
Phone	$191.28	$192.25	0.5%

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	Population	Cost of Living Index	National Avg.
East Griffin, GA	1,353	83	16.7%
Experiment, GA	2,915	84	16.2%
Sunny Side, GA	213	85	15.3%
Forest Park, GA	19,884	85	14.6%
Jonesboro, GA	5,428	86	13.9%
Bonanza, GA	3,877	96	4.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Thomasville, AL	3,876	89	11.2%
University Center, VA	3,878	127	26.8%
Belleville, MI	3,879	95	5.2%
Elba, AL	3,874	83	16.7%
Gamewell, NC	3,874	88	11.8%
Bonanza, GA	3,877	96	4.3%