Atlanta Georgia dusk cityscape for household expense article

Where Georgia’s Household Expenses are the Highest in 2022

How does living in the Peach State affect your wallet? doxo breaks down key insights about Georgia’s household expenses, with a close eye to how bills differ in towns and cities. On average, Georgia’s household expenses, doxo’s data reveals, are $1,875 per month.

doxo’s data also has infographics for 139 cities and towns across Georgia, breaking down localized bill pay data figures as well. The state-wide rankings for most and least expensive cities provide insight into cost of living in Georgia and how it changes according to location.

The data sheds light on Georgia’s cost of living through other metrics, too. For example, the “percent of household income” data point shows what percentage of household income local residents spend on bills. doxo’s data also indicates how much more or less expensive specific cities are than the national and state average.

Georgia residents pay $1,875 in household bills a month

The average Georgia household pays $1,875 a month for the 10 most common household bills. This figure takes into account the 10 most common household bills, which are:Mortgage; Rent; Auto Loan; Utilities (electric, gas, water & sewer, and waste & recycling); Auto Insurance; Cable & Internet & Phone, Health Insurance (consumer paid portion); Mobile Phone; Alarm & Security; and Life Insurance.

Georgia residents pay below-average household bill expenses: the state ranks 28th out of 50 states in terms of average monthly spending, and its monthly bill basket is only 6.4% lower than the national average: $2,003. Slightly more expensive than Georgia is Vermont, where residents pay $1,883 a month on average; slightly more affordable is Louisiana, where residents pay $1,871.

The most expensive state for household expenses is Hawaii, where residents pay $2,911 per month. The most affordable state, meanwhile, is West Virginia, where residents pay $1,452 per month.

Absolute dollar amounts don’t tell the full story, however. The “percentage of household income” metric provides a more proportional look at bill spending in a particular location. Georgia households spend 38% of their income on household costs, which is a higher share than many states where households pay more expensive bills. For example, New Jersey residents, though they live in the third most expensive state for bills, spend just 36% of household income on them.

Annually, Georgia residents pay $81 billion in household bills. See more data about bill pay in Georgia by clicking on the infographic link below.

Data: doxoINSIGHTS’ bill pay infographic about Georgia

  • Average Bill Cost per HH: $1,875 per month
  • State Bill Pay Market Size: $81 billion
  • doxoINSIGHTS State Rank: 28 out of 50
  • Percent of HHI Used for Bills: 38%
  • Difference from the National Average: 6.4% lower

 

Rent and Mortgage in Georgia are lower than the national average

The average Georgia household pays $1,875 in the 10 most common household bills per month. Most bills are lower than the national average, including mortgage, which, at $1,274 in Georgia, is 7% lower than the national average of $1,368. Rent in the Peach State is 10% lower than the national average: at $1,014 compared to $1,129.

Auto loans, however, is one of two categories in which Georgia residents spend more relative to the US average. The average Georgia household spends $455 on auto loans compared to the national average of $433: a 5% increase. The other category in which Georgians spend more is life insurance, where they spend $84 compared to the national average of $82.

Health insurance, however, is an area in which Georgia residents spend considerably less than the national average. The average household in the state pays $76 a month for health insurance bills, compared to the national average of $123, making the costs a substantial 38% lower than the national average.

Note: Health Insurance and Life Insurance expenses do not account for payments made by employers on behalf of employees. These just include out-of-pocket expenses. Also, the state and national bill totals take into account the percentage of households that pay a bill.

Average Georgia Household Bill Spending

Bill Category Average Georgia Monthly Bill National Average Monthly Bill Georgia Percent +/- National Average ($2,003)
Mortgage $1,274 $1,368 7% lower
Rent $1,014 $1,129 10% lower
Auto Loan $455 $433 5% higher
Utilities $280 $328 15% lower
Auto Insurance $178 $196 9% lower
Cable & Internet $108 $114 6% lower
Health Insurance $76 $123 38% lower
Mobile Phone $102 $113 10% lower
Alarm & Security $72 $84 15% lower
Life Insurance $84 $82 2% higher
Total $1,875 $2,003 6.5% lower

Alpharetta is the most expensive area for Georgia’s household bills

Residents of Alpharetta pay the highest household bills in the state of Georgia, at an average of $2,616 per month. Suwanee comes in second in the rankings, with residents paying an average of $2,605 on household expenses.

However, residents who live in the first and second most expensive cities end up paying a lesser share of household income, on average, than Georgians in general. While the average state resident spends 38% of household income on bills, Alpharetta residents pay only 28%, and Suwanee residents only pay 29%.

Other cities and towns in the “top 10” list pay a much larger share than Alpharetta, however: Duluth residents spend 40% of household income on bills, and residents of Buford as well as Richmond Hill pay 36%.

Access detailed infographics about each city or town by clicking on the hyperlinks in the “City” column in the tables below. You can also browse doxoINSIGHTS’ regional bill comparison database to see infographics about more than 4,200 cities and towns across all 50 states in the US.

10 Most Expensive Georgia Cities for Household Bills

Rank
(1-10 out of 139)
City Monthly Bill Expenses Per Household Percent of Household Income Used for Bills
1 Alpharetta $2,616 28%
2 Suwanee $2,607 29%
3 Richmond Hill $2,510 36%
4 Dacula $2,503 31%
5 Saint Simons Island $2,410 33%
6 Roswell $2,384 29%
7 Duluth $2,365 40%
8 Peachtree City $2,333 29%
9 Buford $2,329 36%
10 Cumming $2,289 28%

*Household Bill Pay Expense averages shown above reflect the ten most common bills paid, including housing (rent/mortgage).

Eastman is the most affordable place in Georgia for household bills

Out of 139 cities and towns, Eastman is the most affordable place in Georgia, with residents paying $1,313 on average for household bills. However, they spend a substantially higher share of household income on living expenses than the average Georgian does, at 43%.

Some of the other towns on the “10 most affordable” list spend an even larger share of income on bills, like Swainsboro and Hazlehurt, which each spend 44%, and Fort Valley, which spends 47%.

In absolute terms, Baxley is second most affordable area in Georgia, with residents paying an average of $1,324 on household bills.

Also on the list of most affordable cities and towns in Georgia are Rome ($1,326 a month), Waynesboro ($1,333 a month), and Cedartown($1,353 a month).

10 Most Affordable Georgia Cities for Household Bills

Rank
(130-139 out of 139)
City Monthly Bill Expenses Per Household Percent of Household Income Used for Bills  
130 Waycross $1,373 41%  
131 Hazlehurt $1,362 44%  
132 Cedartown $1,353 39%  
133 Fort Valley $1,348 47%  
134 Waynesboro $1,333 37%  
135 Chatsworth $1,329 36%  
136 Swainsboro $1,328 44%  
137 Rome $1,326 35%  
138 Baxley $1,324 42%  
139 Eastman $1,313 43%  

In the wake of the rise of remote work, some individuals may be deciding whether to move from a more expensive city to a less expensive one. Georgia is even a state that is offering individuals incentives in order to relocate there. doxoINSIGHTS can be a valuable resource for consumers seeking to make key decisions like this, allowing them to compare Georgia’s household expenses against average bills in different cities and states across the country. They can also usedoxoINSIGHTS’ regional bill comparison database to compare average costs for over 900 towns and cities across the country.

, , , , , , ,

Leave a Reply

Your email address will not be published.

Fill out this field
Please enter a valid email address.

Menu