Cost of living in Commerce research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Commerce is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Commerce is 94, with 100 being the average.
The cost of living index in Commerce is 0.9x lower than the national average.
Commerce ranks as the #70 cheapest in Georgia out of 158.
Commerce ranks as the #1,806 cheapest out of 6,489 in the US.
The median home value in Commerce is $331,272.
The median income in Commerce is $61,286.
According to the most recent data on the cost of living, Commerce has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Georgia, Commerce has a cost of living index that's 1.0x higher than Georgia's index of 91.
The standard of living in Commerce ranks as #70 most affordable out of the 158 places we measured in Georgia. By definition, that implies Commerce ranks as the #88 most expensive place in the Peach State.
For more reading on life in Commerce, check out:
Six factors go into calculating the cost of living index in Commerce. Here is how it fairs on each of the criteria:
The Services index in Commerce is 100.
The Groceries index in Commerce is 100.
The Health index in Commerce is 95.
The Housing index in Commerce is 80.
The Transportation index in Commerce is 97.
The Utilities index in Commerce is 79.
| Living Expense | Commerce | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 94 | 91 | 100 | |
| Services | 100 | 99 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 95 | 100 | 100 | |
| Housing | 80 | 85 | 100 | |
| Transportation | 97 | 92 | 100 | |
| Utilities | 79 | 86 | 100 | |
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Commerce is $331,272.
The Median Rent in Commerce is $1,108.
The Median Income in Commerce is $61,286.
The Home Value To Income in Commerce is 5.4x.
The Rent To Monthly Income in Commerce is 0.22x.
The cost of living varies in the cities and towns around Commerce. Here's a quick look at the cost of living in the most populous nearby places:
Denver, CO has a cost of living index of 134, 1.4x Commerce.
Aurora, CO has a cost of living index of 121, 1.3x Commerce.
Thornton, CO has a cost of living index of 126, 1.3x Commerce.
| City | Population | Cost Of Living | Vs. Commerce | 
|---|---|---|---|
| Denver, CO | 713,734 | 134 | 1.4x | 
| Aurora, CO | 390,201 | 121 | 1.3x | 
| Thornton, CO | 142,878 | 126 | 1.3x | 
| Brighton, CO | 41,196 | 121 | 1.3x | 
| Northglenn, CO | 37,953 | 120 | 1.3x | 
| Englewood, CO | 33,774 | 127 | 1.4x | 
| Wheat Ridge, CO | 32,158 | 130 | 1.4x | 
| Sherrelwood, CO | 19,368 | 117 | 1.2x | 
| Welby, CO | 16,232 | 110 | 1.2x | 
| Federal Heights, CO | 14,160 | 93 | 1.0x |