Savannah, GA is a vibrant city with plenty of local amenities and attractions to explore. From its historic district to its waterfront scenery, Savannah is an ideal place for both tourists and residents alike. Not to mention, its cost of living is quite affordable compared to other cities in the United States. The average 2 bedroom rent in Savannah is $1,230 versus $1,430 nationally; grocery costs index 97 in Savannah versus 100 nationally. There are many great employers throughout the city as well, such as Gulfstream Aerospace Corporation, Georgia-Pacific LLC, and Lowe's Home Improvement Warehouse. All these factors make Savannah a great place to live with an attainable cost of living.
Savannah has an unemployment rate of 5.4%. The US average is 6.0%.
Savannah has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Savannah
- The Sales Tax Rate for Savannah is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Savannah is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Savannah
- The average income of a Savannah resident is $20,284 a year. The US average is $28,555 a year.
- The Median household income of a Savannah resident is $49,832 a year. The US average is $69,021 a year.