Housing costs in Thomson?
A typical home costs
$151,900, which is 55.1% less expensive than the national average of
$338,100 and 50.7% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Thomson costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 50.6% cheaper than the state average of
$1,280.
Can I afford Thomson?
To live comfortably in Thomson, Georgia, a minimum annual income of
$29,160 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Thomson?
The cost of living in Thomson, GA is relatively affordable. According to Sperling's Best Places, the overall cost of living index in Thomson is 85.2, which is 15.8% lower than the U.S. average. Housing costs are particularly low, with a median home price of only $95,500 and average rent at $761 per month. In addition, residents can benefit from low transportation costs due to the proximity of major highways and access to citywide public transit systems. The city also features modest taxes, with a sales tax rate of 7%, which is below the national average. All these factors contribute to a reasonably priced life for those living in Thomson, GA.