Cost of Living in Palmetto, GA

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8%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
25%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Palmetto Georgia National
Cost of living9296100
Groceries10199100
Health care10099100
Housing7588100
Transportation9799100
Utilities100102100
Lifestyle & Entertainment103100100
Household Items99100100
Education & Childcare9799100
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Homes For Sale In Palmetto, GA

property for sale

514 Shaggy Hickory Trl

Palmetto, GA
property for sale

501 Carlton Rd Unit 2E

Palmetto, GA
property for sale

Morgan Columbia CT

Palmetto, GA
property for sale

Jade II Columbia CT

Palmetto, GA
See the Newest Homes For Sale In Palmetto, GA

Cost Of Living Quick Facts

  • The cost of living in Palmetto is 4% lower than the Georgia average
  • The cost of living in Palmetto is 8% lower than the national average
  • Palmetto housing is 25% lower than the national average
  • Georgia general sales tax is 22% lower than the national average
  • Georgia state income tax is 61% lower than the national average

Most Affordable Places to Live in and Around Palmetto

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$96,896$8,075$2,261$2,907
      Renters$60,019$5,002$1,400$1,801
      To approximate the cost of living and the housing affordability in Palmetto, GA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Palmetto have a median income of $96,896. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,261 per month to avoid calamity and poverty. The renters in the city have an income of about $60,019, which would make their monthly maximum allowable rental costs $1,400.

      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% 5.57%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      East Newnan, GA6428713.5%
      Whitesburg, GA6019010.2%
      Union City, GA22,686963.6%
      East Point, GA36,363982.5%
      Fairburn, GA16,455982.1%
      Palmetto, GA4,949927.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fussels Corner, FL4,9498713.4%
      Meridian, CO4,95014343.3%
      Nassau Village-Ratliff, FL4,9521043.7%
      Norway House 17, MB4,944n/a 
      West Pittston, PA4,943918.7%
      Palmetto, GA4,949927.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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