Cordele, Georgia Cost Of Living

Buy Rent

A-

17%

Overall NAT. AVG.

0%

Goods & Services NAT. AVG.

50%

Housing NAT. AVG.

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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	Cordele	Georgia	National
Cost of living	83	93	100
Goods & Services	100	97	100
Groceries	96	96	100
Health care	101	96	100
Housing	50	86	100
Transportation	95	92	100
Utilities	93	91	100

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Key findings

The cost of living in Cordele is 10% lower than the Georgia average
The cost of living in Cordele is 17% lower than the national average
Cordele housing is 50% 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	$37,100	$3,092	$866	$1,113
Renters	$16,475	$1,373	$384	$494

The affordability of the housing market in Cordele, GA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Cordele homeowners, the median income is $37,100. This indicates that a monthly maximum of $866 should be spent by homeowners on all housing related costs. Renters have a median income of $16,475. This indicates that renters would have a maximum of $384 for their rent related monthly costs.

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	Cordele	National avg.	Difference
Haircut	$19.49	$20.27	3.8%
Beauty Salon	$39.19	$40.39	3.0%
Toothpaste	$2.50	$2.36	5.8%
Shampoo	$0.88	$1.08	18.2%
Movie	$11.94	$10.99	8.6%
Bowling	$14.45	$15.49	6.7%

Groceries

Item	Cordele	National avg.	Difference
Ground Beef	$4.97	$4.30	15.7%
Fried Chicken	$1.37	$1.40	1.9%
Milk	$3.68	$2.20	66.9%
Potatoes	$4.22	$3.22	31.1%
Pizza	$9.66	$10.74	10.1%
Beer	$9.29	$9.60	3.2%

Health Care

Item	Cordele	National avg.	Difference
Optometrist	$110.47	$109.73	0.7%
Doctor	$117.15	$118.34	1.0%
Dentist	$101.25	$100.94	0.3%
Ibuprofen	$10.69	$9.93	7.6%
Lipitor	$482.86	$469.53	2.8%

Housing

Item	Cordele	National avg.	Difference
Home Price	$81,800.00	$184,700.00	55.7%
Avg. Mortgage Payment	$798.19	$1,229.62	35.1%
Apartment Rent	$600.00	$949.00	36.8%

Transportation

Item	Cordele	National avg.	Difference
Gasoline	$2.70	$2.71	0.3%
Tire Balancing	$45.21	$51.86	12.8%

Utilities

Item	Cordele	National avg.	Difference
All Electricity	$148.46	$170.84	13.1%
Phone	$187.11	$187.18	0.0%

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.
Seville, GA	105	74	25.6%
Lilly, GA	264	79	20.7%
Warwick, GA	420	80	19.8%
Pitts, GA	398	81	19.1%
Arabi, GA	544	81	18.9%
Cordele, GA	11,015	83	16.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Chino Valley, AZ	11,015	101	1.5%
Woodbury, NY	11,015	135	34.8%
Lantana, FL	11,016	101	0.9%
Notre-Dame-de-l'Île-Perrot, QC	11,017	n/a
Holbrook, MA	11,008	127	27.0%
Cordele, GA	11,015	83	16.7%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.