Housing costs in Savannah?
A typical home costs
$263,100, which is 22.2% less expensive than the national average of
$338,100 and 14.6% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Savannah costs
$1,260 per month, which is 1.6% cheaper than the national average of
$1,280 and close to the state average of
$1,260.
Can I afford Savannah?
To live comfortably in Savannah (zip 31406), Georgia, a minimum annual income of
$50,400 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Savannah?
The cost of living in 31406 Savannah, GA is fairly affordable. According to the latest Cost of Living Index, 31406 Savannah's overall cost of living is 7% lower than the national average. This makes it a great place to live for people who are trying to save money. Prices for basic necessities like groceries, transportation and utilities tend to be lower than the national averages, and housing costs are also quite reasonable. Although prices may vary depending on where you live within the zip code, overall residents can expect their cost of living to be relatively low.