Georgia · Population 147,546 · Updated March 2026
How far your income goes in Savannah
State-level tax rates that affect your costs
Savannah is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 84 (where 100 equals the national median), Savannah residents can expect to pay median rent of $1,302/month while earning a median household income of $56,782/year.
The median home value in Savannah, GA is $225,200, with typical monthly owner costs around $1,257 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.5%, Savannah falls within the generally affordable range, though it's approaching the 30% burden threshold.
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 Savannah.
Common questions about living costs in Savannah
Similar-sized cities to compare