Housing costs in Homer?
A typical home costs
$297,300, which is 12.1% less expensive than the national average of
$338,100 and 3.5% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Homer costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 52.4% cheaper than the state average of
$1,280.
Can I afford Homer?
To live comfortably in Homer (zip 30547), Georgia, a minimum annual income of
$56,880 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Homer?
The cost of living in 30547 Homer, GA is fairly low. According to the most recent Cost of Living Index, the overall average for 30547 is 85.4 which is 15.6% lower than the national average of 100. This makes 30547 a great place to live for those on a budget. In terms of housing costs, the median home price in 30547 is $117,700 which is lower than the national average by 35%. Additionally, rental prices are also quite affordable compared to other parts of Georgia and the nation as a whole. All in all, residents of 30547 Homer, GA can enjoy a good quality of life without having to break their budgets with costly living expenses.