A+
4%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
2%
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 Villa Rica Georgia National
Cost of living9693100
Goods & Services9997100
Groceries9798100
Health care94100100
Housing9886100
Transportation9694100
Utilities8086100

An Overview of Cost of Living in Villa Rica, GA

Getting a feel for the cost of living in Villa Rica 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 Villa Rica is 96, which is 4% lower 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.

The cost of living in Villa Rica is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Is Villa Rica Affordable?

Is Villa Rica 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 Villa Rica, the median home price is 10% lower than what most folks pay across the country, and monthly rent prices are 16% higher than the usual rates. Income levels in Villa Rica come in at $70,767, which is 27.9% higher than the national average.

What Factors can Influence the Cost of Living in Villa Rica?

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Villa Rica, the housing index is 2.2% lower than the national average.

Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Villa Rica, the transportation index is 4.2% lower than the national average.

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Where is the Data From?

The Villa Rica 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 Villa Rica is 4% higher than the Georgia average
  • The cost of living in Villa Rica is 4% lower than the national average
  • Villa Rica housing is 2% 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 Villa Rica

See all the best places to live around Villa Rica

Compare Villa Rica, 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$85,699$7,142$2,000$2,571
      Renters$52,483$4,374$1,225$1,575
      A good way to judge both the affordability of the housing and the cost of living in Villa Rica is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Villa Rica has a median income of about $85,699 for people who own homes. Based on that number, a maximum of $2,000 should be spent on expenses related to housing. Renters have a slightly different median income, which is $52,483. Based on this average, renters should spend no more than $1,225 on all rental costs if they want to maintain a non-impoverished standard of living.

      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 Villa Rica National avg. Difference
      Haircut $20.83$24.2614.1%
      Beauty Salon $32.83$45.5627.9%
      Toothpaste $3.60$3.702.8%
      Shampoo $1.22$1.284.7%
      Movie $14.41$12.1318.7%
      Bowling $17.50$18.002.8%

      Groceries

      Item Villa Rica National avg. Difference
      Ground Beef $5.78$5.841.1%
      Fried Chicken $1.43$1.579.3%
      Milk $4.54$4.672.8%
      Potatoes $5.24$4.936.2%
      Pizza $11.13$12.097.9%
      Beer $10.27$10.411.4%

      Health Care

      Item Villa Rica National avg. Difference
      Optometrist $151.92$125.6820.9%
      Doctor $92.83$135.7831.6%
      Dentist $82.67$113.2927.0%
      Ibuprofen $10.24$10.653.9%
      Lipitor $472.05$468.600.7%

      Housing

      Item Villa Rica National avg. Difference
      Home Price $166,300.00$184,700.0010.0%
      Avg. Mortgage Payment $1,447.48$2,346.6938.3%
      Apartment Rent $1,101.00$949.0016.0%

      Transportation

      Item Villa Rica National avg. Difference
      Gasoline $3.22$3.467.0%
      Tire Balancing $47.47$59.9220.8%

      Utilities

      Item Villa Rica National avg. Difference
      All Electricity $141.36$193.9927.1%
      Phone $192.75$192.250.3%
      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.
      Palmetto, GA4,8028910.7%
      Temple, GA4,7099010.2%
      Bremen, GA7,057955.4%
      Carrollton, GA26,857954.7%
      Dallas, GA13,680964.4%
      Villa Rica, GA15,803963.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bellevue, WI15,812981.6%
      Los Lunas, NM15,814982.1%
      Morton, IL15,791972.9%
      Humble, TX15,819936.8%
      Spanish Springs, NV15,82013433.6%
      Villa Rica, GA15,803963.9%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.