A+
8%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
23%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index LaGrange Georgia National
Cost of living9293100
Goods & Services9897100
Groceries9798100
Health care92100100
Housing7786100
Transportation9294100
Utilities11086100

An Overview of Cost of Living in LaGrange, GA

Understanding the cost of living in LaGrange can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The LaGrange cost of living index is 92, which is 8% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

The cost of living in LaGrange aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, goods and services, health care and utility bills are priced at a level consistent with the average in similar urban areas. LaGrange residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.

Is LaGrange Affordable?

Wondering if LaGrange is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In LaGrange, for example, the median home price is 28.7% lower than what folks pay nationally, and monthly rent is 10% lower than the usual rates. Plus, income levels matter too, with LaGrange boasting a median household income of $36,690, which is 33.7% lower than the national average.

What Factors can Influence the Cost of Living in LaGrange?

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In LaGrange, the groceries index registers 3% lower than the national average.

Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.

Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday goods and services, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In LaGrange, the standard sales tax rate starts at 4%, and the income tax rates commence at 1%.

Where is the Data From?

The cost of living data in LaGrange displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in LaGrange is 1% lower than the Georgia average
  • The cost of living in LaGrange is 8% lower than the national average
  • LaGrange housing is 23% lower than the national average
  • Georgia general sales tax is 22% lower than the national average
  • Georgia state income tax is 61% lower than the national average

Most Affordable Places to Live in and Around LaGrange

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Compare LaGrange, GA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$65,128$5,427$1,520$1,954
      Renters$27,124$2,260$633$814
      To approximate the cost of living and the housing affordability in LaGrange, GA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in LaGrange have a median income of $65,128. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,520 per month to avoid calamity and poverty. The renters in the city have an income of about $27,124, which would make their monthly maximum allowable rental costs $633.

      Georgia Sales Tax

      State General Sales Tax With Max Surtax
      Georgia 4% 8%

      Georgia Income Tax

      State Income Tax (Low) Income Tax (High)
      Georgia 1% 5.57%

      Goods & Services

      Item LaGrange National avg. Difference
      Haircut $21.67$24.2610.7%
      Beauty Salon $43.83$45.563.8%
      Toothpaste $3.73$3.700.7%
      Shampoo $1.15$1.289.9%
      Movie $13.16$12.138.5%
      Bowling $20.00$18.0011.1%

      Groceries

      Item LaGrange National avg. Difference
      Ground Beef $5.64$5.843.4%
      Fried Chicken $1.67$1.576.2%
      Milk $4.51$4.673.5%
      Potatoes $5.41$4.939.6%
      Pizza $12.32$12.092.0%
      Beer $10.54$10.411.2%

      Health Care

      Item LaGrange National avg. Difference
      Optometrist $77.08$125.6838.7%
      Doctor $100.56$135.7825.9%
      Dentist $118.89$113.294.9%
      Ibuprofen $10.18$10.654.4%
      Lipitor $501.36$468.607.0%

      Housing

      Item LaGrange National avg. Difference
      Home Price $131,700.00$184,700.0028.7%
      Avg. Mortgage Payment $1,756.90$2,346.6925.1%
      Apartment Rent $854.00$949.0010.0%

      Transportation

      Item LaGrange National avg. Difference
      Gasoline $3.12$3.469.7%
      Tire Balancing $56.77$59.925.3%

      Utilities

      Item LaGrange National avg. Difference
      All Electricity $227.80$193.9917.4%
      Phone $189.16$192.251.6%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Rock Mills, AL4347921.2%
      Lanett, AL6,2208415.7%
      Huguley, AL2,8198613.6%
      Valley, AL9,1958713.2%
      Hogansville, GA3,1658614.3%
      LaGrange, GA30,494928.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Granger, IN30,4991010.9%
      Alma, QC30,501n/a 
      Cochrane, AB30,481n/a 
      Gurnee, IL30,51911515.2%
      Holladay, UT30,46113939.3%
      LaGrange, GA30,494928.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.