Housing costs in Savannah?
A typical home costs
$214,800, which is 36.5% less expensive than the national average of
$338,100 and 30.3% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Savannah costs
$1,190 per month, which is 7.0% cheaper than the national average of
$1,280 and 5.9% cheaper than the state average of
$1,260.
Can I afford Savannah?
To live comfortably in Savannah (zip 31404), Georgia, a minimum annual income of
$41,040 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Savannah?
The cost of living in 31404 Savannah, GA is relatively affordable compared to other cities. According to BestPlaces, the cost of living index in Savannah is 88.38, which is 12% lower than the national average and 14% lower than the state average of Georgia. The median home price is $205,700, and monthly rent for a two-bedroom apartment averages around $1,000 – making this area much more budget-friendly than many other parts of the country. Additionally, grocery costs are 5% lower than the national average while transportation costs are 8% lower. All in all, Savannah has an affordable cost of living that makes it a great choice for those looking for a place to call home.