Cost of Living in Milledgeville, GA

An Overview of Cost of Living in Milledgeville, GA

Are you thinking about relocating, but curious about the potential cost of living in Milledgeville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Milledgeville stands at 89, making it 11% 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.

Is Milledgeville Affordable?

Is Milledgeville affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Milledgeville, the median home price is 25.6% lower than the national average and monthly rent prices are 24.6% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Milledgeville boasting a median household income of $32,235, 41.7% lower than the national average.

What Factors can Influence the Cost of Living in Milledgeville?

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Milledgeville, healthcare costs are 4.6% lower than the national average.

Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Milledgeville, the transportation index stands at 2.8% lower than the national average.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Milledgeville, the groceries index is 2.7% lower than the national average.

Where is the Data From?

The Milledgeville 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.