Newnan cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index9794100
Goods & Services index9597100
Groceries index9699100
Health care index10097100
Housing index9786100
Transportation index11297100
Utilities index8793100
The above illustration supplies generalized information for the Newnan, GA cost of living index. Compared to other cities in Georgia and cities across the country, the cost of living index in Newnan, GA is 97, which is 3% higher than the Georgia average and 3% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Newnan, GA are 2% lower than the average for Georgia and 5% lower than the rest of the country.
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Did you know?

  • The cost of living in Newnan is 3% higher than the Georgia average.
  • The cost of living in Newnan is 3% lower than the national average.
  • The cost of housing in Newnan is 3% lower than the national average.
  • Georgia general sales tax is 21% lower than the national average.
  • Georgia state income tax is 55% lower than the national average.

Compare Newnan, GA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Newnan, GA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Newnan, GA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Newnan, GA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Newnan, GA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Newnan, GA, the median monthly income is $76,287 for those who own their own homes. Under the standard rule, that income level would allow for $1,780 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $32,174, per the median income in the area. That would allow for renters to spend up to $751 on monthly rental expenses.

Georgia Sales Tax

StateGeneral Sales TaxWith Max Surtax

Georgia Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Newnan, GA is the Georgia sales tax and Georgia income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Georgia sales tax rate is 4% and the maximum surtax that can be charged is 8%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Georgia income tax rates range from 1% to 6%.

Goods & Services

ItemNewnanNational avg.Difference
Haircut $9.85$17.4943.7%
Beauty Salon $40.32$38.175.6%
Toothpaste $2.62$2.3212.9%
Shampoo $1.67$1.0165.3%
Movie $10.78$10.720.5%
Bowling $4.12$13.8670.3%


ItemNewnanNational avg.Difference
Ground Beef $3.70$3.905.0%
Fried Chicken $1.27$1.409.1%
Milk $2.03$1.963.4%
Potatoes $2.87$3.189.8%
Pizza $8.66$10.3916.7%
Beer $8.35$9.239.6%

Health Care

ItemNewnanNational avg.Difference
Optometrist $75.39$106.3429.1%
Doctor $139.84$115.2521.3%
Dentist $78.43$98.3820.3%
Ibuprofen $9.00$9.262.8%
Lipitor $404.39$466.4713.3%


ItemNewnanNational avg.Difference
Home Price $178,500.00$184,700.003.4%
Avg. Mortgage Payment $831.40$1,273.3234.7%
Apartment Rent $940.00$949.000.9%


ItemNewnanNational avg.Difference
Gasoline $2.19$2.5915.6%
Tire Balancing $66.19$48.9035.4%


ItemNewnanNational avg.Difference
All Electricity$145.53$167.6013.2%
Phone $25.14$163.4284.6%
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, StatePopulationCost of Living IndexNational Avg.
Whitesburg, GA60983-17%
East Newnan, GA1,09984-16%
Union City, GA20,56090-10%
Hogansville, GA3,11486-14%
Palmetto, GA5,08791-9%
Newnan, GA35,64297-3%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cottage Grove, MN35,63211111%
West Hollywood, CA35,66116666%
Moorpark, CA35,59416161%
Manhattan Beach, CA35,573276176%
Randallstown, MD35,72511111%
Newnan, GA35,64297-3%
Source: The Newnan, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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