Cost Of Living in Nashville, GA

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	Nashville	Georgia	National
Cost of living	82	93	100
Goods & Services	97	97	100
Groceries	96	98	100
Health care	98	100	100
Housing	50	86	100
Transportation	93	94	100
Utilities	90	86	100

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Cost Of Living Quick Facts

The cost of living in Nashville is 12% lower than the Georgia average
The cost of living in Nashville is 18% lower than the national average
Nashville housing is 50% 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

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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	$48,068	$4,006	$1,122	$1,442
Renters	$26,920	$2,243	$628	$808

A good indicator of the general affordability of housing in Nashville, GA, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Nashville, the median monthly income is $48,068 for those who own their own homes. Under the standard rule, that income level would allow for $1,122 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $26,920, per the median income in the area. That would allow for renters to spend up to $628 on monthly rental expenses.

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	Nashville	National avg.	Difference
Haircut	$19.97	$24.26	17.7%
Beauty Salon	$52.72	$45.56	15.7%
Toothpaste	$3.70	$3.70	0.0%
Shampoo	$1.01	$1.28	20.9%
Movie	$12.00	$12.13	1.1%
Bowling	$10.00	$18.00	44.4%

Groceries

Item	Nashville	National avg.	Difference
Ground Beef	$6.00	$5.84	2.7%
Fried Chicken	$1.43	$1.57	9.3%
Milk	$4.49	$4.67	3.9%
Potatoes	$5.52	$4.93	11.9%
Pizza	$12.16	$12.09	0.6%
Beer	$9.84	$10.41	5.5%

Health Care

Item	Nashville	National avg.	Difference
Optometrist	$120.50	$125.68	4.1%
Doctor	$118.67	$135.78	12.6%
Dentist	$115.95	$113.29	2.3%
Ibuprofen	$10.04	$10.65	5.8%
Lipitor	$530.12	$468.60	13.1%

Housing

Item	Nashville	National avg.	Difference
Home Price	$78,100.00	$184,700.00	57.7%
Avg. Mortgage Payment	$1,961.97	$2,346.69	16.4%
Apartment Rent	$644.00	$949.00	32.1%

Transportation

Item	Nashville	National avg.	Difference
Gasoline	$3.28	$3.46	5.3%
Tire Balancing	$53.83	$59.92	10.2%

Utilities

Item	Nashville	National avg.	Difference
All Electricity	$164.25	$193.99	15.3%
Phone	$190.47	$192.25	0.9%

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.
Willacoochee, GA	1,462	75	25.4%
Lenox, GA	670	80	20.3%
Sparks, GA	2,372	81	19.1%
Alapaha, GA	820	82	18.4%
Cecil, GA	288	83	17.5%
Nashville, GA	4,820	82	18.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Phoenix Lake, CA	4,820	134	34.4%
Ahoskie, NC	4,819	88	11.9%
Tallassee, AL	4,818	90	9.8%
Pea Ridge, FL	4,817	92	8.4%
Bay Hill, FL	4,815	155	54.9%
Nashville, GA	4,820	82	18.4%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Nashville, GA