A
0%
Overall NAT. AVG.
0%
Goods & Services NAT. AVG.
4%
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 Lawrenceville Georgia National
Cost of living10093100
Goods & Services10097100
Groceries10198100
Health care109100100
Housing10486100
Transportation9994100
Utilities8186100

An Overview of Cost of Living in Lawrenceville, GA

The cost of living in Lawrenceville affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Lawrenceville is 100, which is 0% equal to the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

The cost of living in Lawrenceville 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 Lawrenceville 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 Lawrenceville Affordable?

Is Lawrenceville 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 Lawrenceville, for instance, where the median home price falls 0.8% lower than the national average, and monthly rent rates are 15.3% higher than usual. Additionally, median income levels contribute to the equation, with Lawrenceville flaunting a median household income of $52,312, 5.4% lower than the national norm.

What Factors can Influence the Cost of Living in Lawrenceville?

Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Lawrenceville, the transportation index is 0.6% lower than the national average.

Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Lawrenceville, the general sales tax rate starts at 4%, and income tax rates begin at 1%.

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 Lawrenceville cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Lawrenceville is 8% higher than the Georgia average
  • The cost of living in Lawrenceville is equal to the national average
  • Lawrenceville housing is 4% 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 Lawrenceville

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Compare Lawrenceville, 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$77,907$6,492$1,818$2,337
      Renters$38,080$3,173$888$1,143
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Lawrenceville, GA, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Lawrenceville, homeowners have a median income of $77,907. Using that number, a maximum of $1,818 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $38,080, which means there is a maximum of $888 to be spent on the costs of renting a home or apartment.

      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 Lawrenceville 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 Lawrenceville 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 Lawrenceville 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 Lawrenceville National avg. Difference
      Home Price $183,300.00$184,700.000.8%
      Avg. Mortgage Payment $2,292.55$2,346.692.3%
      Apartment Rent $1,094.00$949.0015.3%

      Transportation

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

      Utilities

      Item Lawrenceville 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.
      Rest Haven, GA438713.1%
      Stone Mountain, GA6,376946.5%
      Auburn, GA7,519937.3%
      Redan, GA34,870945.7%
      Clarkston, GA12,747954.5%
      Lawrenceville, GA30,1251000.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      San Lorenzo, CA30,11717171.4%
      Newington, CT30,11411313.1%
      Ballwin, MO30,1771088.3%
      Burlingame, CA30,071336236.5%
      Elizabethtown, KY30,179973.2%
      Lawrenceville, GA30,1251000.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.