Cost of living in Skidaway Island 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 Skidaway Island 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 Skidaway Island is 143, with 100 being the average.
The cost of living index in Skidaway Island is 1.4x higher than the national average.
Skidaway Island ranks as the #155 cheapest in Georgia out of 158.
Skidaway Island ranks as the #5,499 cheapest out of 6,489 in the US.
The median home value in Skidaway Island is $898,424.
The median income in Skidaway Island is $121,991.
According to the most recent data on the cost of living, Skidaway Island has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Georgia, Skidaway Island has a cost of living index that's 1.6x higher than Georgia's index of 91.
The standard of living in Skidaway Island ranks as #155 most affordable out of the 158 places we measured in Georgia. By definition, that implies Skidaway Island ranks as the #3 most expensive place in the Peach State.
For more reading on life in Skidaway Island, check out:
Six factors go into calculating the cost of living index in Skidaway Island. Here is how it fairs on each of the criteria:
The Services index in Skidaway Island is 99.
The Groceries index in Skidaway Island is 104.
The Health index in Skidaway Island is 109.
The Housing index in Skidaway Island is 254.
The Transportation index in Skidaway Island is 94.
The Utilities index in Skidaway Island is 92.
| Living Expense | Skidaway Island | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 143 | 91 | 100 | |
| Services | 99 | 99 | 100 | |
| Groceries | 104 | 99 | 100 | |
| Health | 109 | 100 | 100 | |
| Housing | 254 | 85 | 100 | |
| Transportation | 94 | 92 | 100 | |
| Utilities | 92 | 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 Skidaway Island is $898,424.
The Median Rent in Skidaway Island is $2,673.
The Median Income in Skidaway Island is $121,991.
The Home Value To Income in Skidaway Island is 7.4x.
The Rent To Monthly Income in Skidaway Island is 0.26x.
| Statistic | Skidaway Island | Georgia | United States |
|---|---|---|---|
| Median Home Value | $898,424 | $332,047 | $303,400 |
| Median Rent | $2,673 | $1,306 | $1,348 |
| Median Income | $121,991 | $74,664 | $78,538 |
| Home Value To Income | 7.4x | 4.4x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.21x | 0.21x |
| Item | Skidaway Island | Georgia |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $12.1 | $12.13 |
| Bowling | $22.4 | $18 |
| Haircut | $23.25 | $24.26 |
| Beauty Salon | $38.33 | $45.56 |
| Item | Skidaway Island | Georgia |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.33 | $4.93 |
| Pizza | $14.38 | $12.09 |
| Beer | $10.13 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
| Item | Skidaway Island | Georgia |
|---|---|---|
| Optometrist | $93.17 | $125.68 |
| Doctor | $135.16 | $135.78 |
| Dentist | $142.17 | $113.29 |
| Item | Skidaway Island | Georgia |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $57.68 | $59.92 |
| Item | Skidaway Island | Georgia |
|---|---|---|
| All Electricity | $163.38 | $193.99 |
| Phone | $188.43 | $192.25 |
The cost of living varies in the cities and towns around Skidaway Island. Here's a quick look at the cost of living in the most populous nearby places:
Savannah, GA has a cost of living index of 95, 0.7x Skidaway Island.
Bluffton, SC has a cost of living index of 123, 0.9x Skidaway Island.
Pooler, GA has a cost of living index of 107, 0.7x Skidaway Island.
| City | Population | Cost Of Living | Vs. Skidaway Island |
|---|---|---|---|
| Savannah, GA | 147,546 | 95 | 0.7x |
| Bluffton, SC | 31,323 | 123 | 0.9x |
| Pooler, GA | 27,235 | 107 | 0.7x |
| Richmond Hill, GA | 17,408 | 108 | 0.8x |
| Wilmington Island, GA | 14,457 | 110 | 0.8x |
| Port Wentworth, GA | 11,997 | 103 | 0.7x |
| Georgetown, GA | 11,606 | 99 | 0.7x |
| Whitemarsh Island, GA | 6,918 | 111 | 0.8x |