A
1%
Overall NAT. AVG.
0%
Goods & Services NAT. AVG.
8%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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 Stockbridge Georgia National
Cost of living10193100
Goods & Services10097100
Groceries10198100
Health care109100100
Housing10886100
Transportation9994100
Utilities8186100

An Overview of Cost of Living in Stockbridge, GA

Getting a feel for the cost of living in Stockbridge is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Stockbridge is 101, which is 1% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

The cost of living in Stockbridge aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, goods and services, health care and utility bills are priced at a level consistent with the average in similar urban areas. Stockbridge residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.

Is Stockbridge Affordable?

Is Stockbridge an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Stockbridge is 1.7% higher than the national average, while the average monthly rent prices are 23.8% higher than average. The affordability of any location can also be influenced by median income levels. Stockbridge has a median household income of $58,401, which is 5.6% higher than the national average.

What Factors can Influence the Cost of Living in Stockbridge?

Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Stockbridge, is 8.4% higher than the national average.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Stockbridge, healthcare costs are 9.2% higher than the national average.

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Stockbridge, the transportation index is 0.6% lower than the national average.

Where is the Data From?

The cost of living data in Stockbridge displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Stockbridge is 9% higher than the Georgia average
  • The cost of living in Stockbridge is 1% higher than the national average
  • Stockbridge housing is 8% higher 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 Stockbridge

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Compare Stockbridge, GA Cost of Living

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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$78,998$6,583$1,843$2,370
      Renters$48,046$4,004$1,121$1,442
      To approximate the cost of living and the housing affordability in Stockbridge, 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 Stockbridge have a median income of $78,998. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,843 per month to avoid calamity and poverty. The renters in the city have an income of about $48,046, which would make their monthly maximum allowable rental costs $1,121.

      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%

      Goods & Services

      Item Stockbridge National avg. Difference
      Haircut $27.25$24.2612.3%
      Beauty Salon $56.36$45.5623.7%
      Toothpaste $3.74$3.700.9%
      Shampoo $1.33$1.283.9%
      Movie $15.20$12.1325.3%
      Bowling $20.98$18.0016.5%

      Groceries

      Item Stockbridge National avg. Difference
      Ground Beef $5.25$5.8410.1%
      Fried Chicken $1.61$1.572.1%
      Milk $4.69$4.670.4%
      Potatoes $5.32$4.937.9%
      Pizza $11.36$12.096.0%
      Beer $10.39$10.410.2%

      Health Care

      Item Stockbridge National avg. Difference
      Optometrist $129.73$125.683.2%
      Doctor $128.57$135.785.3%
      Dentist $144.73$113.2927.8%
      Ibuprofen $10.74$10.650.8%
      Lipitor $495.22$468.605.7%

      Housing

      Item Stockbridge National avg. Difference
      Home Price $187,900.00$184,700.001.7%
      Avg. Mortgage Payment $2,292.55$2,346.692.3%
      Apartment Rent $1,175.00$949.0023.8%

      Transportation

      Item Stockbridge National avg. Difference
      Gasoline $3.20$3.467.5%
      Tire Balancing $69.77$59.9216.4%

      Utilities

      Item Stockbridge National avg. Difference
      All Electricity $134.81$193.9930.5%
      Phone $191.28$192.250.5%
      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 Population Cost of Living Index National Avg.
      Lakeview Estates, GA2,5467821.9%
      Sunny Side, GA2138515.3%
      Forest Park, GA19,8848514.6%
      Jonesboro, GA5,4288613.9%
      Conley, GA6,6458713.3%
      Stockbridge, GA29,4461011.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Norwood, MA29,44615150.9%
      Oak Park, MI29,446964.2%
      East Palo Alto, CA29,448206105.5%
      Seguin, TX29,458928.0%
      Suisun City, CA29,45914443.8%
      Stockbridge, GA29,4461011.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.