Griffin, Georgia Cost Of Living

Buy Rent

B

Overall 8%

Goods & Services 8%

Housing 37%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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	Griffin	Georgia	National
Cost of living	92	94	100
Goods & Services	108	97	100
Groceries	104	99	100
Health care	109	97	100
Housing	63	86	100
Transportation	108	97	100
Utilities	86	93	100

Key findings

The cost of living in Griffin is 2% lower than the Georgia average
The cost of living in Griffin is 8% lower than the national average
Griffin housing is 37% 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

For Sale For Rent

Find real estate listings

Find rental listings

Most Affordable Places to Live in and Around Griffin

See all the best places to live around Griffin

Compare Griffin, GA Cost of Living

See all Griffin poll results

The best places in Georgia

Here are the best places to live in Georgia

Top 10 best public schools in Griffin

See the best places to live in & around Griffin

10 best cities to buy a new house in Georgia

Salary Calculator

This is how much you would need to earn in

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	$56,250	$4,688	$1,312	$1,688
Renters	$22,180	$1,848	$517	$665

A good way to judge both the affordability of the housing and the cost of living in Griffin is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Griffin has a median income of about $56,250 for people who own homes. Based on that number, a maximum of $1,312 should be spent on expenses related to housing. Renters have a slightly different median income, which is $22,180. Based on this average, renters should spend no more than $517 on all 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%	5.75%

Goods & Services

Item	Griffin	National avg.	Difference
Haircut	$20.90	$17.49	19.5%
Beauty Salon	$48.30	$38.17	26.5%
Toothpaste	$2.89	$2.32	24.5%
Shampoo	$1.04	$1.01	2.8%
Movie	$14.66	$10.72	36.7%
Bowling	$16.40	$13.86	18.3%

Groceries

Item	Griffin	National avg.	Difference
Ground Beef	$4.64	$3.90	19.0%
Fried Chicken	$1.32	$1.40	5.4%
Milk	$2.09	$1.96	6.5%
Potatoes	$3.00	$3.18	5.7%
Pizza	$11.39	$10.39	9.6%
Beer	$9.74	$9.23	5.5%

Health Care

Item	Griffin	National avg.	Difference
Optometrist	$109.20	$106.34	2.7%
Doctor	$119.75	$115.25	3.9%
Dentist	$123.40	$98.38	25.4%
Ibuprofen	$8.35	$9.26	9.8%
Lipitor	$463.28	$466.47	0.7%

Housing

Item	Griffin	National avg.	Difference
Home Price	$100,000.00	$184,700.00	45.9%
Avg. Mortgage Payment	$1,321.35	$1,273.32	3.8%
Apartment Rent	$788.00	$949.00	17.0%

Transportation

Item	Griffin	National avg.	Difference
Gasoline	$2.70	$2.59	4.3%
Tire Balancing	$56.89	$48.90	16.4%

Utilities

Item	Griffin	National avg.	Difference
All Electricity	$124.35	$167.60	25.8%
Phone	$182.25	$163.42	11.5%

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.
Orchard Hill, GA	247	82	-18%
Hilltop, GA	372	77	-23%
Sunny Side, GA	155	86	-14%
Experiment, GA	3,019	88	-12%
East Griffin, GA	1,389	88	-12%
Griffin, GA	22,875	92	-8%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Palm River-Clair Mel, FL	22,860	89	-11%
Marysville, OH	22,860	94	-6%
Granite Bay, CA	22,840	171	71%
Roselle, IL	22,911	114	14%
Corcoran, CA	22,917	102	2%
Griffin, GA	22,875	92	-8%

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