Cost of living in Gresham Park 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 Gresham Park 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 Gresham Park is 104, with 100 being the average.
The cost of living index in Gresham Park is 1.0x higher than the national average.
Gresham Park ranks as the #111 cheapest in Georgia out of 158.
Gresham Park ranks as the #3,063 cheapest out of 6,489 in the US.
The median home value in Gresham Park is $267,232.
The median income in Gresham Park is $70,101.
According to the most recent data on the cost of living, Gresham Park has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Georgia, Gresham Park has a cost of living index that's 1.1x higher than Georgia's index of 91.
The standard of living in Gresham Park ranks as #111 most affordable out of the 158 places we measured in Georgia. By definition, that implies Gresham Park ranks as the #47 most expensive place in the Peach State.
For more reading on life in Gresham Park, check out:
Six factors go into calculating the cost of living index in Gresham Park. Here is how it fairs on each of the criteria:
The Services index in Gresham Park is 100.
The Groceries index in Gresham Park is 102.
The Health index in Gresham Park is 110.
The Housing index in Gresham Park is 114.
The Transportation index in Gresham Park is 100.
The Utilities index in Gresham Park is 83.
| Living Expense | Gresham Park | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 104 | 91 | 100 | |
| Services | 100 | 99 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 110 | 100 | 100 | |
| Housing | 114 | 85 | 100 | |
| Transportation | 100 | 92 | 100 | |
| Utilities | 83 | 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 Gresham Park is $267,232.
The Median Rent in Gresham Park is $1,400.
The Median Income in Gresham Park is $70,101.
The Home Value To Income in Gresham Park is 3.8x.
The Rent To Monthly Income in Gresham Park is 0.24x.
| Statistic | Gresham Park | Georgia | United States |
|---|---|---|---|
| Median Home Value | $267,232 | $332,047 | $303,400 |
| Median Rent | $1,400 | $1,306 | $1,348 |
| Median Income | $70,101 | $74,664 | $78,538 |
| Home Value To Income | 3.8x | 4.4x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.21x | 0.21x |
| Item | Gresham Park | Georgia |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $15.2 | $12.13 |
| Bowling | $20.98 | $18 |
| Haircut | $27.25 | $24.26 |
| Beauty Salon | $56.36 | $45.56 |
| Item | Gresham Park | Georgia |
|---|---|---|
| Ground Beef | $5.25 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.69 | $4.67 |
| Potatoes | $5.32 | $4.93 |
| Pizza | $11.36 | $12.09 |
| Beer | $10.39 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
| Item | Gresham Park | Georgia |
|---|---|---|
| Optometrist | $129.73 | $125.68 |
| Doctor | $128.57 | $135.78 |
| Dentist | $144.73 | $113.29 |
| Item | Gresham Park | Georgia |
|---|---|---|
| Gasoline | $3.2 | $3.46 |
| Tire Balancing | $69.77 | $59.92 |
| Item | Gresham Park | Georgia |
|---|---|---|
| All Electricity | $134.81 | $193.99 |
| Phone | $191.28 | $192.25 |
The cost of living varies in the cities and towns around Gresham Park. Here's a quick look at the cost of living in the most populous nearby places:
Sandy Springs, GA has a cost of living index of 135, 1.3x Gresham Park.
Smyrna, GA has a cost of living index of 118, 1.1x Gresham Park.
Dunwoody, GA has a cost of living index of 134, 1.3x Gresham Park.
| City | Population | Cost Of Living | Vs. Gresham Park |
|---|---|---|---|
| Sandy Springs, GA | 107,198 | 135 | 1.3x |
| Smyrna, GA | 56,285 | 118 | 1.1x |
| Dunwoody, GA | 51,563 | 134 | 1.3x |
| Mableton, GA | 42,403 | 103 | 1.0x |
| Decatur, GA | 24,470 | 144 | 1.4x |
| Candler-McAfee, GA | 21,316 | 96 | 0.9x |
| Forest Park, GA | 19,619 | 83 | 0.8x |
| Fayetteville, GA | 19,364 | 108 | 1.0x |
| North Decatur, GA | 18,460 | 116 | 1.1x |
| Belvedere Park, GA | 14,422 | 98 | 0.9x |