Cusseta-Chattahoochee County cost of living index

The above illustration supplies generalized information for the Cusseta-Chattahoochee County, GA cost of living index. Compared to other cities in Georgia and cities across the country, the cost of living index in Cusseta-Chattahoochee County, GA is 89, which is 5% lower than the Georgia average and 11% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Cusseta-Chattahoochee County, GA are 6% higher than the average for Georgia and 1% higher than the rest of the country.

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Salary Calculator

Use the salary calculator to compare your current income in Cusseta-Chattahoochee County, GA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Cusseta-Chattahoochee County, GA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Cusseta-Chattahoochee County, GA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

If you want to find a good determining factor for the cost of living and the general affordability of housing in Cusseta-Chattahoochee County, GA, all you must look at 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 Cusseta-Chattahoochee County, GA, the median monthly income is $39,353 for those who own their own homes. Under the standard rule, that income level would allow for $918 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $45,429, per the median income in the area. That would allow for renters to spend up to $1,060 on monthly rental expenses.

Georgia Sales Tax

Georgia Income Tax

For those who live in Cusseta-Chattahoochee County, 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

Groceries

Health Care

Housing

Transportation

Utilities

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.

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Source: The Cusseta-Chattahoochee County, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.