Grayson, Georgia Cost Of Living

Buy Rent

F

Overall 15%

Goods & Services 10%

Housing 44%

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	Grayson	Georgia	National
Cost of living	115	93	100
Goods & Services	110	97	100
Groceries	98	96	100
Health care	106	96	100
Housing	144	86	100
Transportation	100	92	100
Utilities	84	91	100

Key findings

The cost of living in Grayson is 24% higher than the Georgia average
The cost of living in Grayson is 15% higher than the national average
Grayson housing is 44% higher 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	$98,269	$8,189	$2,293	$2,948
Renters	$36,731	$3,061	$857	$1,102

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	Grayson	National avg.	Difference
Haircut	$24.13	$20.27	19.0%
Beauty Salon	$50.23	$40.39	24.4%
Toothpaste	$2.01	$2.36	14.9%
Shampoo	$0.99	$1.08	7.7%
Movie	$14.44	$10.99	31.4%
Bowling	$18.13	$15.49	17.1%

Groceries

Item	Grayson	National avg.	Difference
Ground Beef	$4.09	$4.30	4.8%
Fried Chicken	$1.02	$1.40	27.3%
Milk	$1.66	$2.20	24.6%
Potatoes	$4.00	$3.22	24.4%
Pizza	$10.92	$10.74	1.7%
Beer	$11.77	$9.60	22.6%

Health Care

Item	Grayson	National avg.	Difference
Optometrist	$121.68	$109.73	10.9%
Doctor	$121.28	$118.34	2.5%
Dentist	$114.41	$100.94	13.3%
Ibuprofen	$9.23	$9.93	7.0%
Lipitor	$480.14	$469.53	2.3%

Housing

Item	Grayson	National avg.	Difference
Home Price	$265,500.00	$184,700.00	43.7%
Avg. Mortgage Payment	$1,377.99	$1,229.62	12.1%
Apartment Rent	$1,364.00	$949.00	43.7%

Transportation

Item	Grayson	National avg.	Difference
Gasoline	$2.71	$2.71	0.2%
Tire Balancing	$51.76	$51.86	0.2%

Utilities

Item	Grayson	National avg.	Difference
All Electricity	$122.51	$170.84	28.3%
Phone	$188.46	$187.18	0.7%

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	Population	Cost of Living Index	National Avg.
Lakeview Estates, GA	2,751	80	19.8%
Lithonia, GA	2,093	88	11.7%
Stone Mountain, GA	6,102	90	9.9%
Redan, GA	34,100	92	8.5%
Monroe, GA	13,253	92	8.1%
Grayson, GA	3,008	115	15.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Clarcona, FL	3,008	87	13.2%
Mount Morris, IL	3,008	86	13.6%
Winnebago, IL	3,008	93	7.0%
Pembroke, NC	3,008	82	17.7%
Strasburg, OH	3,007	92	8.4%
Grayson, GA	3,008	115	15.0%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.