Canton, GA

Above Avg · 112

Georgia · Population 34,587 · Updated March 2026

$1,592
Median Rent / Month
$81,642
Median Income
$369,700
Median Home Value
$1,499
Owner Costs / Month

Affordability

How far your income goes in Canton

23.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Georgia

State-level tax rates that affect your costs

5.49%
Income Tax (Top Rate)
4.0%
Sales Tax
0.92%
Property Tax Rate

Estimated Annual Costs

$19,104
Annual Rent
$4,482
State Income Tax
$3,401
Property Tax (est.)

Cost of Living Overview

Canton is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 112 (where 100 equals the national median), Canton residents can expect to pay median rent of $1,592/month while earning a median household income of $81,642/year.

The median home value in Canton, GA is $369,700, with typical monthly owner costs around $1,499 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Georgia has a moderate income tax rate of 5.49%. Combined with a 4.0% sales tax rate and 0.92% effective property tax rate, the overall tax environment is a factor in the total cost of living in Canton.

Frequently Asked Questions

Common questions about living costs in Canton

What is the cost of living in Canton, GA?
The cost of living index in Canton, GA is 112 (US average = 100). Median monthly rent is $1,592, median household income is $81,642/year, and the median home value is $369,700.
Is Canton, GA affordable?
No, Canton is more expensive than the national average with a cost index of 112. The rent-to-income ratio is 23.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Canton, GA?
The median gross rent in Canton, GA is $1,592 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,104.
What is the median household income in Canton?
The median household income in Canton, GA is $81,642 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Georgia?
Georgia has a top income tax rate of 5.49%, a sales tax of 4.0%, and an effective property tax rate of 0.92%.