A+
6%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
10%
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 Thomasville Georgia National
Cost of living9493100
Goods & Services9797100
Groceries9698100
Health care106100100
Housing9086100
Transportation9794100
Utilities8586100

An Overview of Cost of Living in Thomasville, GA

Are you thinking about relocating, but curious about the potential cost of living in Thomasville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Thomasville stands at 94, making it 6% 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.

Everyday expenditures like food, housing, goods and services, transportation and health care in Thomasville are priced in a manner consistent with other areas. This means that residents of Thomasville can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is Thomasville Affordable?

Wondering if Thomasville is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Thomasville, for example, the median home price is 11.9% lower than what folks pay nationally, and monthly rent is 4.6% lower than the usual rates. Plus, income levels matter too, with Thomasville boasting a median household income of $38,040, which is 31.2% lower than the national average.

What Factors can Influence the Cost of Living in Thomasville?

Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.

Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Thomasville, the transportation index is 2.8% 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 Thomasville, the general sales tax rate starts at 4%, and income tax rates begin at 1%.

Where is the Data From?

The Thomasville 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.

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Cost Of Living Quick Facts

  • The cost of living in Thomasville is 1% higher than the Georgia average
  • The cost of living in Thomasville is 6% lower than the national average
  • Thomasville housing is 10% 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 Thomasville

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Compare Thomasville, GA Cost of Living

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      Salary Calculator

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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$59,037$4,920$1,377$1,771
      Renters$30,121$2,510$703$904
      To approximate the cost of living and the housing affordability in Thomasville, GA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Thomasville have a median income of $59,037. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,377 per month to avoid calamity and poverty. The renters in the city have an income of about $30,121, which would make their monthly maximum allowable rental costs $703.

      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 Thomasville National avg. Difference
      Haircut $23.64$24.262.5%
      Beauty Salon $35.60$45.5621.9%
      Toothpaste $3.74$3.701.1%
      Shampoo $1.42$1.2811.1%
      Movie $12.02$12.131.0%
      Bowling $16.50$18.008.3%

      Groceries

      Item Thomasville National avg. Difference
      Ground Beef $5.87$5.840.6%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.56$4.672.5%
      Potatoes $5.27$4.936.8%
      Pizza $12.97$12.097.3%
      Beer $11.26$10.418.2%

      Health Care

      Item Thomasville National avg. Difference
      Optometrist $116.93$125.687.0%
      Doctor $122.60$135.789.7%
      Dentist $111.70$113.291.4%
      Ibuprofen $10.73$10.650.8%
      Lipitor $367.50$468.6021.6%

      Housing

      Item Thomasville National avg. Difference
      Home Price $162,800.00$184,700.0011.9%
      Avg. Mortgage Payment $2,152.45$2,346.698.3%
      Apartment Rent $905.00$949.004.6%

      Transportation

      Item Thomasville National avg. Difference
      Gasoline $3.37$3.462.6%
      Tire Balancing $64.50$59.927.6%

      Utilities

      Item Thomasville National avg. Difference
      All Electricity $189.14$193.992.5%
      Phone $193.94$192.250.9%
      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.
      Barwick, GA2858019.7%
      Pavo, GA6278218.2%
      Ochlocknee, GA7188317.0%
      Boston, GA1,1228416.1%
      Cairo, GA9,3958713.0%
      Thomasville, GA18,530946.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Altus, OK18,5338217.8%
      Milledgeville, GA18,5268910.8%
      Lake Shore, MD18,52313433.5%
      Merrifield, VA18,52315554.9%
      Rancho Mirage, CA18,53715150.8%
      Thomasville, GA18,530946.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.