Housing costs in Macon?
A typical home costs
$210,100, which is 37.9% less expensive than the national average of
$338,100 and 31.8% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Macon costs
$1,150 per month, which is 19.6% cheaper than the national average of
$1,430 and 11.3% cheaper than the state average of
$1,280.
Can I afford Macon?
To live comfortably in Macon (zip 31220), Georgia, a minimum annual income of
$40,320 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Macon?
The cost of living in 31220 Macon, GA is relatively low compared to other areas in the United States. According to BestPlaces, the cost of living index for the city is 85, which is 15 points below the national average. This means that goods and services are typically 15% cheaper than the rest of the country. The median household income is $31,907, and housing costs make up just over a quarter of that total. Renters spend an average of $771 per month on their rent while homeowners pay an estimated $682 monthly for their mortgage payments. All in all, living in 31220 Macon, GA provides a great balance between quality of life and affordability.