Reed Creek, Georgia Cost Of Living

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C

Overall 2%

Goods & Services 1%

Housing 1%

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	Reed Creek	Georgia	National
Cost of living	98	93	100
Goods & Services	99	97	100
Groceries	103	96	100
Health care	98	96	100
Housing	99	86	100
Transportation	96	92	100
Utilities	92	91	100

Key findings

The cost of living in Reed Creek is 6% higher than the Georgia average
The cost of living in Reed Creek is 2% lower than the national average
Reed Creek housing is 1% 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	$45,530	$3,794	$1,062	$1,366
Renters	$58,167	$4,847	$1,357	$1,745

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	Reed Creek	National avg.	Difference
Haircut	$19.51	$20.27	3.8%
Beauty Salon	$31.84	$40.39	21.2%
Toothpaste	$2.85	$2.36	20.8%
Shampoo	$1.32	$1.08	22.7%
Movie	$10.75	$10.99	2.2%
Bowling	$13.40	$15.49	13.5%

Groceries

Item	Reed Creek	National avg.	Difference
Ground Beef	$4.35	$4.30	1.3%
Fried Chicken	$1.24	$1.40	11.3%
Milk	$1.87	$2.20	15.0%
Potatoes	$4.24	$3.22	31.7%
Pizza	$11.26	$10.74	4.8%
Beer	$10.75	$9.60	12.0%

Health Care

Item	Reed Creek	National avg.	Difference
Optometrist	$106.32	$109.73	3.1%
Doctor	$105.54	$118.34	10.8%
Dentist	$99.50	$100.94	1.4%
Ibuprofen	$10.94	$9.93	10.2%
Lipitor	$482.39	$469.53	2.7%

Housing

Item	Reed Creek	National avg.	Difference
Home Price	$172,700.00	$184,700.00	6.5%
Avg. Mortgage Payment	$886.25	$1,229.62	27.9%
Apartment Rent	$1,058.00	$949.00	11.5%

Transportation

Item	Reed Creek	National avg.	Difference
Gasoline	$2.64	$2.71	2.8%
Tire Balancing	$49.28	$51.86	5.0%

Utilities

Item	Reed Creek	National avg.	Difference
All Electricity	$147.31	$170.84	13.8%
Phone	$186.80	$187.18	0.2%

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.
Eagle Grove, GA	0	98	1.7%
Iva, SC	1,137	80	19.6%
Canon, GA	852	82	18.1%
Homeland Park, SC	5,952	83	17.4%
Royston, GA	2,713	83	17.3%
Reed Creek, GA	2,653	98	1.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Whetstone, AZ	2,653	93	6.5%
Hazen, ND	2,653	94	5.7%
Shenandoah, TX	2,653	105	4.7%
Winthrop, ME	2,654	102	1.7%
Foley, MN	2,654	97	2.6%
Reed Creek, GA	2,653	98	1.5%

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