D
21%
Overall NAT. AVG.
0%
Goods & Services NAT. AVG.
74%
Housing NAT. AVG.
Search Homes for Sale
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 Peachtree Corners Georgia National
Cost of living12193100
Goods & Services10097100
Groceries10198100
Health care109100100
Housing17486100
Transportation9994100
Utilities8186100

An Overview of Cost of Living in Peachtree Corners, GA

Getting a feel for the cost of living in Peachtree Corners is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Peachtree Corners is 121, which is 21% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

If you value affordability in your search for a new place to live, Peachtree Corners may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Peachtree Corners falls into this category, which may not align with your desire for an affordable place to call home.

Housing costs make up a big chunk of the cost of living in Peachtree Corners, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 74.4% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.

Is Peachtree Corners Affordable?

Is Peachtree Corners an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Peachtree Corners, the median home price is 95% higher than what most folks pay across the country, and monthly rent prices are 26.6% higher than the usual rates. Income levels in Peachtree Corners come in at $65,328, which is 18.1% higher than the national average.

What Factors can Influence the Cost of Living in Peachtree Corners?

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 Peachtree Corners, the transportation index is 0.6% lower than the national average.

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Peachtree Corners, the housing index is 74.4% higher than the national average.

Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Peachtree Corners, healthcare costs are 9.2% higher than the national average.

Where is the Data From?

The Peachtree Corners 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. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

New Real Estate Listings in Peachtree Corners Area
Search Homes for Sale in Peachtree Corners, GA

Cost Of Living Quick Facts

  • The cost of living in Peachtree Corners is 30% higher than the Georgia average
  • The cost of living in Peachtree Corners is 21% higher than the national average
  • Peachtree Corners housing is 74% 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 Peachtree Corners

See all the best places to live around Peachtree Corners

Compare Peachtree Corners, GA Cost of Living

      vs
      How would you rate the cost of living in Peachtree Corners?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Peachtree Corners?
      Write a review to give others more information about this area.
      See all Peachtree Corners poll results

      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$118,401$9,867$2,763$3,552
      Renters$49,217$4,101$1,148$1,477

      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 Peachtree Corners 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 Peachtree Corners 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 Peachtree Corners 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 Peachtree Corners National avg. Difference
      Home Price $360,100.00$184,700.0095.0%
      Avg. Mortgage Payment $2,292.55$2,346.692.3%
      Apartment Rent $1,201.00$949.0026.6%

      Transportation

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

      Utilities

      Item Peachtree Corners 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%
      Clarkston, GA12,747954.5%
      Pine Lake, GA8341000.4%
      Lawrenceville, GA30,1251000.3%
      Peachtree Corners, GA43,51612120.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Concord, NH43,50311919.2%
      Prescott, AZ43,46312322.8%
      Moorhead, MN43,409981.8%
      Channelview, TX43,378946.0%
      Altoona, PA43,6698812.2%
      Peachtree Corners, GA43,51612120.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.