Cost of living in McDonough 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 McDonough 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 McDonough is 100, with 100 being the average.
The cost of living index in McDonough is 1.0x lower than the national average.
McDonough ranks as the #101 cheapest in Georgia out of 158.
McDonough ranks as the #2,621 cheapest out of 6,489 in the US.
The median home value in McDonough is $338,297.
The median income in McDonough is $77,734.
According to the most recent data on the cost of living, McDonough has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Georgia, McDonough has a cost of living index that's 1.1x higher than Georgia's index of 91.
The standard of living in McDonough ranks as #101 most affordable out of the 158 places we measured in Georgia. By definition, that implies McDonough ranks as the #57 most expensive place in the Peach State.
For more reading on life in McDonough, check out:
Six factors go into calculating the cost of living index in McDonough. Here is how it fairs on each of the criteria:
The Services index in McDonough is 101.
The Groceries index in McDonough is 99.
The Health index in McDonough is 111.
The Housing index in McDonough is 103.
The Transportation index in McDonough is 101.
The Utilities index in McDonough is 83.
| Living Expense | McDonough | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 100 | 91 | 100 | |
| Services | 101 | 99 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 111 | 100 | 100 | |
| Housing | 103 | 85 | 100 | |
| Transportation | 101 | 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 McDonough is $338,297.
The Median Rent in McDonough is $1,576.
The Median Income in McDonough is $77,734.
The Home Value To Income in McDonough is 4.4x.
The Rent To Monthly Income in McDonough is 0.24x.
The cost of living varies in the cities and towns around McDonough. Here's a quick look at the cost of living in the most populous nearby places:
Stockbridge, GA has a cost of living index of 103, 1.0x McDonough.
Fayetteville, GA has a cost of living index of 108, 1.1x McDonough.
Conyers, GA has a cost of living index of 97, 1.0x McDonough.
| City | Population | Cost Of Living | Vs. McDonough |
|---|---|---|---|
| Stockbridge, GA | 35,475 | 103 | 1.0x |
| Fayetteville, GA | 19,364 | 108 | 1.1x |
| Conyers, GA | 17,916 | 97 | 1.0x |
| Riverdale, GA | 14,866 | 92 | 0.9x |
| Lovejoy, GA | 10,967 | 96 | 1.0x |
| Locust Grove, GA | 9,931 | 96 | 1.0x |
| Panthersville, GA | 8,840 | 92 | 0.9x |
| Irondale, GA | 8,722 | 92 | 0.9x |
| Hampton, GA | 8,491 | 96 | 1.0x |
| Morrow, GA | 6,519 | 89 | 0.9x |