Eastman, GA Cost Of Living

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Eastman cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Eastman	Georgia	National
Cost of living index	85	94	100
Index	Eastman	Georgia	National
Goods & Services index	104	97	100
Groceries index	100	99	100
Health care index	94	97	100
Housing index	49	86	100
Transportation index	95	97	100
Utilities index	94	93	100

A general overview of the cost of living index for Eastman, GA is displayed above. In Eastman, GA, the overall cost of living index is 85, which is 9% lower than the Georgia average and 15% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Eastman, GA, the city's goods and services are 8% higher than the Georgia average and 4% higher than the U.S. average.

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Did you know?

The cost of living in Eastman is 9% lower than the Georgia average.
The cost of living in Eastman is 15% lower than the national average.
The cost of housing in Eastman is 51% lower than the national average.
Georgia general sales tax is 21% lower than the national average.
Georgia state income tax is 55% lower than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

The salary calculator is meant to help you compare your salary in Eastman, GA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Eastman, GA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Eastman, GA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$47,972	$3,998	$1,119	$1,439
Renters	$21,429	$1,786	$500	$643

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Eastman, GA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Eastman, GA has a median income of about $47,972 for people who own homes. Based on that number, a person should spend a maximum of $1,119 on expenses related to housing. Renters have a slightly different median income, which is $21,429. Based on this average, renters should spend no more than $500 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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%	6%

When assessing the complete cost of living in Eastman, GA, the Georgia income tax and the Georgia sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Georgia maximum surtax is 8%, and the Georgia sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1% to 6% in Georgia.

Goods & Services

Item	Eastman	National avg.	Difference
Haircut	$13.00	$17.49	25.7%
Beauty Salon	$30.00	$38.17	21.4%
Toothpaste	$1.89	$2.32	18.6%
Shampoo	$0.89	$1.01	12.0%
Movie	$10.69	$10.72	0.3%
Bowling	$5.00	$13.86	63.9%

Groceries

Item	Eastman	National avg.	Difference
Ground Beef	$3.82	$3.90	2.0%
Fried Chicken	$1.14	$1.40	18.3%
Milk	$1.39	$1.96	29.2%
Potatoes	$3.93	$3.18	23.5%
Pizza	$10.99	$10.39	5.7%
Beer	$9.49	$9.23	2.8%

Health Care

Item	Eastman	National avg.	Difference
Optometrist	$116.00	$106.34	9.1%
Doctor	$75.00	$115.25	34.9%
Dentist	$110.00	$98.38	11.8%
Ibuprofen	$8.38	$9.26	9.5%
Lipitor	$444.99	$466.47	4.6%

Housing

Item	Eastman	National avg.	Difference
Home Price	$83,100.00	$184,700.00	55.0%
Avg. Mortgage Payment	$819.96	$1,273.32	35.6%
Apartment Rent	$554.00	$949.00	41.6%

Transportation

Item	Eastman	National avg.	Difference
Gasoline	$2.55	$2.59	1.6%
Tire Balancing	$45.00	$48.90	8.0%

Utilities

Item	Eastman	National avg.	Difference
All Electricity	$149.29	$167.60	10.9%
Phone	$180.90	$163.42	10.7%

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, State	Population	Cost of Living Index	National Avg.
Abbeville, GA	2,826	77	-23%
Chauncey, GA	336	79	-21%
Chester, GA	1,878	81	-19%
Empire, GA	419	82	-18%
Milan, GA	732	82	-18%
Eastman, GA	5,315	85	-15%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Bret Harte, CA	5,315	89	-11%
Watseka, IL	5,318	85	-15%
Monticello, IN	5,312	85	-15%
New Hempstead, NY	5,311	151	51%
Myrtletown, CA	5,320	121	21%
Eastman, GA	5,315	85	-15%

Source: The Eastman, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Eastman, GA Cost of Living