Statesboro, GA

Very Low · 60

Georgia · Population 33,705 · Updated March 2026

$935
Median Rent / Month
$42,884
Median Income
$158,600
Median Home Value
$914
Owner Costs / Month

Affordability

How far your income goes in Statesboro

26.2%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$11,220
Annual Rent
$2,354
State Income Tax
$1,459
Property Tax (est.)

Cost of Living Overview

Statesboro is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 60 (where 100 equals the national median), Statesboro residents can expect to pay median rent of $935/month while earning a median household income of $42,884/year.

The median home value in Statesboro, GA is $158,600, with typical monthly owner costs around $914 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.2%, Statesboro 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 Statesboro.

Frequently Asked Questions

Common questions about living costs in Statesboro

What is the cost of living in Statesboro, GA?
The cost of living index in Statesboro, GA is 60 (US average = 100). Median monthly rent is $935, median household income is $42,884/year, and the median home value is $158,600.
Is Statesboro, GA affordable?
Yes, Statesboro is more affordable than the national average with a cost index of 60. The rent-to-income ratio is 26.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Statesboro, GA?
The median gross rent in Statesboro, GA is $935 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,220.
What is the median household income in Statesboro?
The median household income in Statesboro, GA is $42,884 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%.