Lincolnton, Georgia Cost Of Living

Buy Rent

A

Overall 19%

Goods & Services 9%

Housing 38%

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	Lincolnton	Georgia	National
Cost of living	81	93	100
Goods & Services	91	97	100
Groceries	92	96	100
Health care	89	96	100
Housing	62	86	100
Transportation	82	92	100
Utilities	86	91	100

Key findings

The cost of living in Lincolnton is 12% lower than the Georgia average
The cost of living in Lincolnton is 19% lower than the national average
Lincolnton housing is 38% 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

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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	$58,839	$4,903	$1,373	$1,765
Renters	$16,850	$1,404	$393	$506

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	Lincolnton	National avg.	Difference
Haircut	$21.67	$20.27	6.9%
Beauty Salon	$33.55	$40.39	16.9%
Toothpaste	$1.86	$2.36	21.3%
Shampoo	$1.00	$1.08	7.1%
Movie	$12.83	$10.99	16.8%
Bowling	$15.00	$15.49	3.2%

Groceries

Item	Lincolnton	National avg.	Difference
Ground Beef	$4.29	$4.30	0.1%
Fried Chicken	$1.17	$1.40	16.4%
Milk	$1.40	$2.20	36.3%
Potatoes	$2.81	$3.22	12.8%
Pizza	$9.99	$10.74	7.0%
Beer	$9.99	$9.60	4.1%

Health Care

Item	Lincolnton	National avg.	Difference
Optometrist	$158.33	$109.73	44.3%
Doctor	$95.00	$118.34	19.7%
Dentist	$77.33	$100.94	23.4%
Ibuprofen	$8.49	$9.93	14.5%
Lipitor	$442.52	$469.53	5.8%

Housing

Item	Lincolnton	National avg.	Difference
Home Price	$116,600.00	$184,700.00	36.9%
Avg. Mortgage Payment	$768.38	$1,229.62	37.5%
Apartment Rent	$567.00	$949.00	40.3%

Transportation

Item	Lincolnton	National avg.	Difference
Gasoline	$2.57	$2.71	5.2%
Tire Balancing	$32.00	$51.86	38.3%

Utilities

Item	Lincolnton	National avg.	Difference
All Electricity	$126.43	$170.84	26.0%
Phone	$189.41	$187.18	1.2%

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.
Willington, SC	108	98	1.7%
Troy, SC	98	75	24.5%
McCormick, SC	2,645	76	23.7%
Plum Branch, SC	88	78	22.1%
Modoc, SC	243	106	5.5%
Lincolnton, GA	1,686	81	18.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Interlachen, FL	1,686	84	16.3%
Cricket, NC	1,686	85	15.4%
Pleasant Grove, OH	1,686	88	12.4%
Evadale, TX	1,686	82	18.3%
Westwood, CA	1,685	88	12.4%
Lincolnton, GA	1,686	81	18.9%

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