Housing costs in Savannah?
A typical home costs
$292,200, which is 13.6% less expensive than the national average of
$338,100 and 5.2% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Savannah costs
$1,220 per month, which is 4.7% cheaper than the national average of
$1,280 and 3.3% cheaper than the state average of
$1,260.
Can I afford Savannah?
To live comfortably in Savannah (zip 31405), Georgia, a minimum annual income of
$56,160 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Savannah?
Living in 31405 Savannah, GA can be quite affordable. The cost of living index for the city is approximately 2% lower than the national average, with housing costs being around 11% cheaper than the national average. Grocery and utility prices are also slightly lower, making it a great place to live for those on a budget. Additionally, there is no state income tax in Georgia, which helps to keep expenses low. Overall, living in 31405 Savannah, GA offers plenty of opportunity to save money while enjoying all that this beautiful city has to offer.