Henderson, Georgia Cost Of Living

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C

Overall 0%

Goods & Services 2%

Housing 8%

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	Henderson	Georgia	National
Cost of living	100	93	100
Goods & Services	98	97	100
Groceries	94	96	100
Health care	111	96	100
Housing	108	86	100
Transportation	96	92	100
Utilities	93	91	100

Key findings

The cost of living in Henderson is 8% higher than the Georgia average
The cost of living in Henderson is equal to the national average
Henderson housing is 8% 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	$81,620	$6,802	$1,904	$2,449
Renters	$48,403	$4,034	$1,129	$1,452

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	Henderson	National avg.	Difference
Haircut	$19.88	$20.27	2.0%
Beauty Salon	$37.36	$40.39	7.5%
Toothpaste	$1.80	$2.36	23.6%
Shampoo	$0.97	$1.08	9.6%
Movie	$9.30	$10.99	15.4%
Bowling	$18.03	$15.49	16.4%

Groceries

Item	Henderson	National avg.	Difference
Ground Beef	$4.46	$4.30	3.9%
Fried Chicken	$1.27	$1.40	9.0%
Milk	$1.94	$2.20	12.1%
Potatoes	$3.96	$3.22	23.1%
Pizza	$11.63	$10.74	8.3%
Beer	$9.98	$9.60	3.9%

Health Care

Item	Henderson	National avg.	Difference
Optometrist	$91.76	$109.73	16.4%
Doctor	$110.78	$118.34	6.4%
Dentist	$142.03	$100.94	40.7%
Ibuprofen	$8.94	$9.93	10.0%
Lipitor	$497.37	$469.53	5.9%

Housing

Item	Henderson	National avg.	Difference
Home Price	$195,800.00	$184,700.00	6.0%
Avg. Mortgage Payment	$731.05	$1,229.62	40.5%
Apartment Rent	$1,074.00	$949.00	13.2%

Transportation

Item	Henderson	National avg.	Difference
Gasoline	$2.59	$2.71	4.5%
Tire Balancing	$50.40	$51.86	2.8%

Utilities

Item	Henderson	National avg.	Difference
All Electricity	$151.42	$170.84	11.4%
Phone	$185.61	$187.18	0.8%

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.
Garden City, GA	8,889	87	13.0%
Bloomingdale, GA	2,703	92	8.4%
Savannah, GA	144,717	93	7.0%
Midway, GA	2,002	94	5.7%
Montgomery, GA	4,222	95	4.5%
Henderson, GA	1,681	100	0.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Georgiana, AL	1,681	76	23.6%
Woodbine, GA	1,681	86	13.8%
Syracuse, KS	1,681	84	16.5%
Midway, KY	1,681	94	6.0%
Sacré-Coeur, QC	1,681	n/a
Henderson, GA	1,681	100	0.3%

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