Fort Stewart cost of living index

Here we can see a simple outline of the cost of living in Fort Stewart, GA. As you can see, with the average cost of living in Fort Stewart, GA being 106, that puts it 13% higher than the average of Georgia and 6% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Fort Stewart, GA, the price of goods and services are 2% higher than the average of Georgia as well as 2% lower than the nation's average.

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Salary Calculator

Use the salary calculator to compare your current salary in Fort Stewart, GA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Fort Stewart, GA, then you would need to earn more income in order to maintain the same standard of living. To use the Fort Stewart, GA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

One can approximate the cost of living and the housing affordability in Fort Stewart, GA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Fort Stewart, GA have a median income of $0. Therefore, the amount that a consumer should spend on housing costs should be no more than $0 per month to avoid calamity and poverty. The renters in the city have an income of about $36,444, which would make their monthly maximum allowable rental costs $850.

Georgia Sales Tax

Georgia Income Tax

The Georgia sales tax and Georgia income tax rates should definitely be considered when determining the overall cost of living in Fort Stewart, GA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Georgia sales tax is 4% and the maximum surtax is 8%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Georgia income tax rates range from 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 Fort Stewart, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.