A+
3%
Overall NAT. AVG.
0%
Goods & Services NAT. AVG.
6%
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 East Point Georgia National
Cost of living9793100
Goods & Services10097100
Groceries10198100
Health care109100100
Housing9486100
Transportation9994100
Utilities8186100

An Overview of Cost of Living in East Point, GA

Are you thinking about relocating, but curious about the potential cost of living in East Point? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in East Point stands at 97, making it 3% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in East Point closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, goods and services, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of East Point can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.

Is East Point Affordable?

Is East Point affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take East Point, for instance, where the median home price falls 13.4% lower than the national average, and monthly rent rates are 12.6% higher than usual. Additionally, median income levels contribute to the equation, with East Point flaunting a median household income of $45,411, 17.9% lower than the national norm.

What Factors can Influence the Cost of Living in East Point?

Subsidies: Some cities and states may extend government subsidies or aid programs aimed at reducing the cost of living for their residents. These initiatives encompass diverse forms of support, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Regions with limited subsidy provisions may witness an increase in their overall cost of living.

Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In East Point, the utilities index is 18.9% lower than the national average.

Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.

Where is the Data From?

The East Point cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in East Point is 4% higher than the Georgia average
  • The cost of living in East Point is 3% lower than the national average
  • East Point housing is 6% lower 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 East Point

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Compare East Point, GA Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$64,395$5,366$1,502$1,932
      Renters$37,785$3,149$882$1,134
      A good indicator of the general affordability of housing in East Point, GA, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In East Point, the median monthly income is $64,395 for those who own their own homes. Under the standard rule, that income level would allow for $1,502 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $37,785, per the median income in the area. That would allow for renters to spend up to $882 on monthly rental expenses.

      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 East Point 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 East Point 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 East Point 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 East Point National avg. Difference
      Home Price $159,900.00$184,700.0013.4%
      Avg. Mortgage Payment $2,292.55$2,346.692.3%
      Apartment Rent $1,069.00$949.0012.6%

      Transportation

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

      Utilities

      Item East Point 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.
      Forest Park, GA19,8848514.6%
      Jonesboro, GA5,4288613.9%
      Conley, GA6,6458713.3%
      Lake City, GA2,7949010.3%
      Irondale, GA8,1079010.0%
      East Point, GA35,031973.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Orangevale, CA35,03013635.6%
      Riviera Beach, FL35,0251088.5%
      Manhattan Beach, CA35,064333232.8%
      Post Falls, ID34,97111111.3%
      Buenaventura Lakes, FL35,1171043.8%
      East Point, GA35,031973.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.