Vinings, Georgia Cost Of Living

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F

Overall 28%

Goods & Services 10%

Housing 87%

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	Vinings	Georgia	National
Cost of living	128	93	100
Goods & Services	110	97	100
Groceries	98	96	100
Health care	106	96	100
Housing	187	86	100
Transportation	100	92	100
Utilities	84	91	100

Key findings

The cost of living in Vinings is 38% higher than the Georgia average
The cost of living in Vinings is 28% higher than the national average
Vinings housing is 87% higher 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	$124,893	$10,408	$2,914	$3,747
Renters	$68,356	$5,696	$1,595	$2,051

The affordability of the housing market in Vinings, GA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Vinings homeowners, the median income is $124,893. This indicates that a monthly maximum of $2,914 should be spent by homeowners on all housing related costs. Renters have a median income of $68,356. This indicates that renters would have a maximum of $1,595 for their rent related monthly costs.

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	Vinings	National avg.	Difference
Haircut	$24.13	$20.27	19.0%
Beauty Salon	$50.23	$40.39	24.4%
Toothpaste	$2.01	$2.36	14.9%
Shampoo	$0.99	$1.08	7.7%
Movie	$14.44	$10.99	31.4%
Bowling	$18.13	$15.49	17.1%

Groceries

Item	Vinings	National avg.	Difference
Ground Beef	$4.09	$4.30	4.8%
Fried Chicken	$1.02	$1.40	27.3%
Milk	$1.66	$2.20	24.6%
Potatoes	$4.00	$3.22	24.4%
Pizza	$10.92	$10.74	1.7%
Beer	$11.77	$9.60	22.6%

Health Care

Item	Vinings	National avg.	Difference
Optometrist	$121.68	$109.73	10.9%
Doctor	$121.28	$118.34	2.5%
Dentist	$114.41	$100.94	13.3%
Ibuprofen	$9.23	$9.93	7.0%
Lipitor	$480.14	$469.53	2.3%

Housing

Item	Vinings	National avg.	Difference
Home Price	$397,600.00	$184,700.00	115.3%
Avg. Mortgage Payment	$1,377.99	$1,229.62	12.1%
Apartment Rent	$1,144.00	$949.00	20.5%

Transportation

Item	Vinings	National avg.	Difference
Gasoline	$2.71	$2.71	0.2%
Tire Balancing	$51.76	$51.86	0.2%

Utilities

Item	Vinings	National avg.	Difference
All Electricity	$122.51	$170.84	28.3%
Phone	$188.46	$187.18	0.7%

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.
Panthersville, GA	10,232	89	10.6%
Fair Oaks, GA	9,974	90	10.1%
Candler-McAfee, GA	23,478	90	9.6%
East Point, GA	35,477	91	9.4%
Clarkston, GA	12,594	91	9.0%
Vinings, GA	11,816	128	27.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Artesia, NM	11,817	91	9.4%
Schiller Park, IL	11,813	104	4.5%
Mays Chapel, MD	11,811	130	29.9%
Jupiter Farms, FL	11,809	123	23.0%
Scotts Valley, CA	11,824	182	82.3%
Vinings, GA	11,816	128	27.9%

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