Cost of Living in Savannah: A Comprehensive Guide

Cost of Living in Savannah: A Comprehensive Guide

Cost of Living in <a href=Savannah: A Comprehensive Guide" />

Introduction

Savannah, Georgia, is a beautiful city with a rich history, stunning architecture, and a vibrant culture. It is a popular destination for tourists and a great place to live. However, before you decide to move to Savannah, it is essential to understand the cost of living in the city. In this comprehensive guide, we will explore the various factors that contribute to the cost of living in Savannah.

Housing Costs in Savannah

One of the most significant expenses in Savannah is housing. The median home price in Savannah is $225,000, which is slightly higher than the national average. However, the cost of living in Savannah is still lower than many other cities in the United States. Renting a one-bedroom apartment in Savannah costs around $1,000 per month, while a two-bedroom apartment costs around $1,300 per month.

Transportation Costs in Savannah

Savannah is a walkable city, and many residents choose to walk or bike to work. However, if you need to drive, the cost of gas in Savannah is slightly higher than the national average. The average cost of a gallon of gas in Savannah is around $2.50. Additionally, if you need to park downtown, expect to pay around $1 per hour.

Food Costs in Savannah

Savannah is known for its delicious food, and there are plenty of options for dining out. However, eating out can be expensive, and it is essential to budget accordingly. The average cost of a meal at a mid-range restaurant in Savannah is around $50 for two people. If you prefer to cook at home, the cost of groceries in Savannah is slightly higher than the national average.

Utilities Costs in Savannah

The cost of utilities in Savannah is relatively low compared to other cities in the United States. The average monthly cost of electricity, water, and gas for a 900 square foot apartment is around $150. However, if you live in a larger home, expect to pay more.

Entertainment Costs in Savannah

Savannah is a city that offers plenty of entertainment options, from museums and art galleries to parks and beaches. Many of these attractions are free, but some do require an admission fee. The cost of entertainment in Savannah is relatively low compared to other cities in the United States.

FAQs

1. Is Savannah an expensive city to live in?

Savannah is not an expensive city to live in compared to other cities in the United States. The cost of living in Savannah is lower than many other cities, and housing costs are relatively affordable.

2. How much does it cost to rent an apartment in Savannah?

The cost of renting an apartment in Savannah varies depending on the size and location of the apartment. A one-bedroom apartment in Savannah costs around $1,000 per month, while a two-bedroom apartment costs around $1,300 per month.

3. What is the average cost of a meal at a mid-range restaurant in Savannah?

The average cost of a meal at a mid-range restaurant in Savannah is around $50 for two people.

Conclusion

In conclusion, the cost of living in Savannah is relatively affordable compared to other cities in the United States. Housing costs are affordable, and the cost of utilities and entertainment is relatively low. However, it is essential to budget accordingly for food and transportation costs. Overall, Savannah is a great place to live, and the cost of living is reasonable.

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.