Housing costs in Savannah?
A typical home costs
$400,500, which is 18.5% more expensive than the national average of
$338,100 and 29.9% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Savannah costs
$1,250 per month, which is 2.3% 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 31401), Georgia, a minimum annual income of
$76,680 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Savannah?
The cost of living in 31401 Savannah, GA is quite reasonable. The overall cost of living index is just slightly above the national average at 103.2. Housing costs are much lower than the national average, with a median rent of only $1,006 per month and a median home value of $179,400. Groceries are also very affordable with an index score of 93.9, while utilities are more expensive than the national average at 112.3. Overall, 31401 Savannah offers a great quality of life for residents given its reasonable cost of living and wide variety of lifestyles available to choose from.