Shannon, GA Cost Of Living

Shannon 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.
Index	Shannon	Georgia	National
Cost of living index	80	93	100
Index	Shannon	Georgia	National
Goods & Services index	95	96	100
Groceries index	93	99	100
Health care index	91	96	100
Housing index	44	86	100
Transportation index	96	96	100
Utilities index	105	97	100

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The cost of living in Shannon is 14% lower than the Georgia average.
The cost of living in Shannon is 20% lower than the national average.
The cost of housing in Shannon is 56% 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.

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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	$41,406	$3,451	$966	$1,242
Renters	$26,678	$2,223	$622	$800

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%	6%

Goods & Services

Item	Shannon	National avg.	Difference
Haircut	$13.33	$16.09	17.1%
Beauty Salon	$29.25	$37.33	21.7%
Toothpaste	$2.56	$2.45	4.6%
Shampoo	$0.86	$1.00	14.0%
Movie	$10.60	$10.28	3.1%
Bowling	$4.50	$4.93	8.8%

Groceries

Item	Shannon	National avg.	Difference
Ground Beef	$4.19	$3.80	10.2%
Fried Chicken	$1.64	$1.40	17.2%
Milk	$1.56	$2.01	22.5%
Potatoes	$3.16	$3.01	5.0%
Pizza	$9.37	$9.89	5.2%
Beer	$8.86	$8.90	0.4%

Health Care

Item	Shannon	National avg.	Difference
Optometrist	$94.00	$102.16	8.0%
Doctor	$90.56	$108.36	16.4%
Dentist	$82.72	$92.53	10.6%
Ibuprofen	$7.63	$9.28	17.8%
Lipitor	$454.95	$425.82	6.8%

Housing

Item	Shannon	National avg.	Difference
Home Price	$64,400.00	$184,700.00	65.1%
Avg. Mortgage Payment	$923.15	$1,202.44	23.2%
Apartment Rent	$612.00	$949.00	35.5%

Transportation

Item	Shannon	National avg.	Difference
Gasoline	$2.21	$2.24	1.7%
Tire Balancing	$42.11	$46.29	9.0%

Utilities

Item	Shannon	National avg.	Difference
All Electricity	$176.53	$165.96	6.4%
Phone	$29.99	$28.68	4.6%

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, State	Population	Cost of Living Index	National Avg.
Trion, GA	2,273	80	-20%
Kingston, GA	521	87	-13%
Lindale, GA	4,415	88	-12%
Plainville, GA	365	85	-15%
Adairsville, GA	4,740	88	-12%
Shannon, GA	1,754	80	-20%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Fox Lake, WI	1,754	91	-9%
Rome, IL	1,754	93	-7%
Frazeysburg, OH	1,754	82	-18%
King, WI	1,754	88	-12%
Lookout Mountain, GA	1,754	117	17%
Shannon, GA	1,754	80	-20%

Source: The Shannon, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Shannon, GA Cost of Living