Skidaway Island 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.
IndexSkidaway IslandGeorgiaNational
Cost of living index13393100
IndexSkidaway IslandGeorgiaNational
Goods & Services index9896100
Groceries index9499100
Health care index9896100
Housing index21586100
Transportation index9796100
Utilities index10997100
A general overview of the cost of living index for Skidaway Island, GA is displayed above. In Skidaway Island, GA, the overall cost of living index is 133, which is 43% higher than the Georgia average and 33% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Skidaway Island, GA, the city's goods and services are 2% higher than the Georgia average and 2% lower than the U.S. average.

Did you know?

  • The cost of living in Skidaway Island is 43% higher than the Georgia average.
  • The cost of living in Skidaway Island is 33% higher than the national average.
  • The cost of housing in Skidaway Island is 115% higher 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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Compare Skidaway Island, GA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
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 Skidaway Island, 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 Skidaway Island, GA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Skidaway Island, 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)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Skidaway Island, GA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Skidaway Island, GA has a median income of about $108,944 for people who own homes. Based on that number, a person should spend a maximum of $2,542 on expenses related to housing. Renters have a slightly different median income, which is $78,750. Based on this average, renters should spend no more than $1,837 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Georgia Sales Tax

StateGeneral Sales TaxWith Max Surtax

Georgia Income Tax

StateIncome Tax (Low)Income Tax (High)
The Georgia sales tax and Georgia income tax rates should definitely be considered when determining the overall cost of living in Skidaway Island, GA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Georgia sales tax is 4% and the maximum surtax is 8%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Georgia income tax rates range from 1% to 6%.

Goods & Services

ItemSkidaway IslandNational avg.Difference
Haircut $15.76$16.092.0%
Beauty Salon $33.04$37.3311.5%
Toothpaste $2.14$2.4512.7%
Shampoo $0.85$1.0015.4%
Movie $10.32$10.280.4%
Bowling $5.42$4.939.9%


ItemSkidaway IslandNational avg.Difference
Ground Beef $3.58$3.805.8%
Fried Chicken $1.33$1.405.0%
Milk $2.01$2.010.1%
Potatoes $3.12$3.013.5%
Pizza $8.42$9.8914.9%
Beer $8.79$8.901.2%

Health Care

ItemSkidaway IslandNational avg.Difference
Optometrist $82.91$102.1618.8%
Doctor $108.10$108.360.2%
Dentist $90.53$92.532.2%
Ibuprofen $7.83$9.2815.6%
Lipitor $440.80$425.823.5%


ItemSkidaway IslandNational avg.Difference
Home Price $469,500.00$184,700.00154.2%
Avg. Mortgage Payment $748.65$1,202.4437.7%
Apartment Rent $1,169.00$949.0023.2%


ItemSkidaway IslandNational avg.Difference
Gasoline $2.08$2.247.4%
Tire Balancing $49.20$46.296.3%


ItemSkidaway IslandNational avg.Difference
All Electricity$153.19$165.967.7%
Phone $37.43$28.6830.5%
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.
Garden City, GA8,88988-12%
Savannah, GA144,71794-6%
Montgomery, GA4,22297-3%
Thunderbolt, GA2,60697-3%
Port Wentworth, GA7,05298-2%
Skidaway Island, GA7,95013333%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Venice Gardens, FL7,9501055%
Wellington, KS7,95085-15%
St. Johns, MI7,95188-12%
Beebe, AR7,95291-9%
Maplewood, MO7,94893-7%
Skidaway Island, GA7,95013333%
Source: The Skidaway Island, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.