Cost of Living in Silver creek, GA
Housing
The housing market plays a significant role in determining the cost of living in Silver creek, GA.
- Housing Index: 94.5 / 100
- Median Home Price is: $172,000
- Average Rent (2 BR Apartment): $1687 per month
- Average Rent (2 BR House): $1834 per month
When considering a move to Silver creek, GA, it's essential to analyze the housing market thoroughly. With a housing index of 94.5, the area may still present affordability challenges. The median home price is relatively low at 172000, making homeownership appealing, especially for buyers seeking value. However, it's important to note that the rental market seems dormant, with no reported averages for 2BR apartments and houses. This could suggest limited rental supply or fluctuating demand in the market. Overall, conducting further research on local amenities, job opportunities, and future growth can inform your decision-making process effectively.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Silver creek, GA.
- Electricity Price: $15.53 USD (median by state)
- Natural Gas Price: $27.53 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $226 per month
Living in Silver creek, GA could entail higher utility costs. Electricity costs sit at $15.53, while natural gas is priced at $27.53 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $226 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Silver creek is a financially viable option for your relocation.