Is It Expensive To Live In Savannah Georgia?
The first thing that hits you as soon as you arrive in Savannah Georgia is the architectural beauty of the city. In fact, the city is so gorgeous that even during the civil war the city was spared from destruction, that’s how gorgeous it is. Aside from that, there is a vast cultural and historical richness that surrounds the area.
The festivals through the peak season are definitely something that you should look forward to. Also, with so many cobblestone squares and parks shaded by impressive oak trees, the city of Savannah GA is one of the most desirable places to live in Georgia. If you are considering moving here, you probably wonder if Savannah GA is an affordable place to live? Let’s find out if it is expensive to live in Savannah Georgia.
A good place to live is not always a cheap place, but this doesn’t necessarily apply to the city of Savannah GA. In fact, many residents consider Savannah GA to be a great place to live and an affordable city. The overall cost of living is 10% lower than the national average and if we compare Savannah with its southern rival, Charleston SC, the overall cost is about 20% lower in Savannah.
Unlike most US cities where the housing index is the highest expense in the cost of living difference, in Savannah GA, housing has the lowest index in the overall cost of living difference. This is a huge advantage for anyone who decides to relocate here and it is definitely one of the things Savannah Ga is known for.
Savannah GA has a median home value of about $167,000 and utilities along with groceries have the highest cost of living index, but it will still be around the national average. The median household income in Savannah GA is about $40,000 a year and the prosperous job market encourages more people to relocate to Savannah. If you are amongst them, contact one of our top real estate agents in Savannah GA for some of the best home deals around.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Active photoelectric cell made of silicon and activated by electromagnetic energy in the form of light waves. They are now used in a wide range of electronic systems including ...
Form of lighting designed to have 90% to 100% of the emitted light directed upward so the principal illumination is reflected rather than direct. Indirect lighting is designed to have less ...
Pipe fitting shaped like the letter U permitting an intersecting pipe to be directed around another pipe. Plumbing connection between two water pipes in the same system. Passageway ...
A partition or wall that provides no support to the structure in which it is located. For example, a nonbearing partition or wall does not support any floors above it. A partition which ...
Work required as a court judgment because of a crime committed. ...
Agreement in which the contract price to build something is equal to the total costs incurred plus a predetermined profit. The profit may be based on a percentage of cost (e.g., 20% of ...
Clause in a percentage lease permitting the landlord to cancel a lease and recover the property if the tenant's sales fall below a specified level. Clause in a lease permitting the ...
Under law, a warranty in effect even if not expressly stated. It provides that real property sold is warranted to be appropriate for sale and is in proper condition even if not stated, ...
Measures looking at the past, current a future direction of the economy. They may have an impact on the real estate market. Each month government bodies, including the Federal Reserve ...
Have a question or comment?
We're here to help.