Woodstock, Georgia Cost Of Living

Buy Rent

D+

5%

Overall NAT. AVG.

10%

Goods & Services NAT. AVG.

12%

Housing NAT. AVG.

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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	Woodstock	Georgia	National
Cost of living	105	93	100
Goods & Services	110	97	100
Groceries	98	96	100
Health care	106	96	100
Housing	112	86	100
Transportation	100	92	100
Utilities	84	91	100

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Key findings

The cost of living in Woodstock is 14% higher than the Georgia average
The cost of living in Woodstock is 5% higher than the national average
Woodstock housing is 12% 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	$84,573	$7,048	$1,973	$2,537
Renters	$52,622	$4,385	$1,228	$1,579

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Woodstock, GA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Woodstock homeowners, is $84,573. This would allow for a maximum of $1,973 per month to be spent on housing costs. For renters, the median monthly income is $52,622 which would result in a maximum of $1,228 to be spent on rental 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	Woodstock	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	Woodstock	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	Woodstock	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	Woodstock	National avg.	Difference
Home Price	$192,700.00	$184,700.00	4.3%
Avg. Mortgage Payment	$1,377.99	$1,229.62	12.1%
Apartment Rent	$1,226.00	$949.00	29.2%

Transportation

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

Utilities

Item	Woodstock	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.
Fair Oaks, GA	9,974	90	10.1%
White, GA	680	85	15.3%
Emerson, GA	1,649	89	10.7%
Hiram, GA	3,751	91	9.5%
Doraville, GA	10,348	97	2.7%
Woodstock, GA	27,964	105	5.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Oakdale, MN	27,956	107	6.6%
French Valley, CA	27,949	133	33.1%
Bella Vista, AR	27,985	92	8.0%
Winchester, NV	27,986	94	6.2%
Round Lake Beach, IL	27,936	101	0.9%
Woodstock, GA	27,964	105	5.4%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.