Cost of living in Tyrone 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 Tyrone 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 Tyrone is 113, with 100 being the average.
The cost of living index in Tyrone is 1.1x higher than the national average.
Tyrone ranks as the #134 cheapest in Georgia out of 158.
Tyrone ranks as the #3,948 cheapest out of 6,489 in the US.
The median home value in Tyrone is $535,689.
The median income in Tyrone is $133,773.
According to the most recent data on the cost of living, Tyrone has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Georgia, Tyrone has a cost of living index that's 1.2x higher than Georgia's index of 91.
The standard of living in Tyrone ranks as #134 most affordable out of the 158 places we measured in Georgia. By definition, that implies Tyrone ranks as the #24 most expensive place in the Peach State.
For more reading on life in Tyrone, check out:
Six factors go into calculating the cost of living index in Tyrone. Here is how it fairs on each of the criteria:
The Services index in Tyrone is 100.
The Groceries index in Tyrone is 97.
The Health index in Tyrone is 93.
The Housing index in Tyrone is 150.
The Transportation index in Tyrone is 98.
The Utilities index in Tyrone is 78.
| Living Expense | Tyrone | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 113 | 91 | 100 | |
| Services | 100 | 99 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 93 | 100 | 100 | |
| Housing | 150 | 85 | 100 | |
| Transportation | 98 | 92 | 100 | |
| Utilities | 78 | 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 Tyrone is $535,689.
The Median Rent in Tyrone is $1,110.
The Median Income in Tyrone is $133,773.
The Home Value To Income in Tyrone is 4.0x.
The Rent To Monthly Income in Tyrone is 0.1x.
The cost of living varies in the cities and towns around Tyrone. Here's a quick look at the cost of living in the most populous nearby places:
Newnan, GA has a cost of living index of 104, 0.9x Tyrone.
Douglasville, GA has a cost of living index of 102, 0.9x Tyrone.
Stockbridge, GA has a cost of living index of 103, 0.9x Tyrone.
| City | Population | Cost Of Living | Vs. Tyrone |
|---|---|---|---|
| Newnan, GA | 43,510 | 104 | 0.9x |
| Douglasville, GA | 36,284 | 102 | 0.9x |
| Stockbridge, GA | 35,475 | 103 | 0.9x |
| Fayetteville, GA | 19,364 | 108 | 1.0x |
| Fairburn, GA | 16,609 | 95 | 0.8x |
| Riverdale, GA | 14,866 | 92 | 0.8x |
| Irondale, GA | 8,722 | 92 | 0.8x |
| Hampton, GA | 8,491 | 96 | 0.8x |
| Hapeville, GA | 6,590 | 97 | 0.9x |
| Morrow, GA | 6,519 | 89 | 0.8x |