Cost of Living in Savannah, GA
Population 147,898 · Census ACS 2020–2024 5-year estimates
The median rent in Savannah, GA is $1,382/month, about the same as the Georgia median and 2% lower than the U.S. median. The median home value is $248,900, 25% lower than the national median. Households earn a median of $57,137 a year, 26% lower than the state median.
Affordability
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Savannah vs. Georgia vs. U.S.
| Savannah | Georgia | U.S. | |
|---|---|---|---|
| Median rent | $1,382 | $1,393 | $1,413 |
| Median home value | $248,900 | $303,300 | $332,700 |
| Median household income | $57,137 | $77,353 | $80,734 |
| Homeownership rate | 45.4% | 65.7% | 65.2% |
| Bachelor's degree or higher | 33.3% | 34.9% | 35.7% |
| Poverty rate | 19.7% | 13.4% | 12.5% |
| Unemployment rate | 7.2% | 5.1% | 5.2% |
| Work from home | 11.5% | 15.9% | 15.1% |
| Median age | 34.0 | 37.6 | 38.9 |
FAQ
What is the average rent in Savannah, GA?
The median gross rent in Savannah, GA is $1,382 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Savannah, GA?
Using the common 30% rule, renting a median-priced home takes about $55,280 a year in gross income.
Is Savannah, GA expensive to live in?
Rent there is 2% lower than the U.S. median, and the median home costs about 4.4 times the median household income.
Other cities in Georgia
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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