Is it expensive to live in Savannah, Georgia? This question often arises for those considering a move to this charming city known for its rich history, vibrant culture, and beautiful architecture. While the cost of living can vary depending on individual lifestyle choices and preferences, Savannah generally offers a relatively affordable quality of life compared to many other cities in the United States.
Savannah, Georgia, is a coastal city with a population of approximately 146,000 residents. The city’s cost of living is influenced by various factors, including housing, transportation, healthcare, and entertainment. Let’s take a closer look at each of these aspects to determine whether Savannah is an expensive place to live.
Housing Costs
When it comes to housing, Savannah offers a range of options to suit different budgets. The city features a mix of historic homes, modern apartments, and condominiums. According to Zillow, the median home value in Savannah is around $293,500, which is lower than the national median of $297,800. This indicates that housing in Savannah is relatively affordable compared to other cities.
Renters also have a variety of options, with the average rent for a one-bedroom apartment being around $1,100 per month. While this may seem expensive to some, it is still lower than the national average of $1,440 per month. Additionally, the city’s rental market is known for being stable, which can be a significant advantage for those looking for long-term housing solutions.
Transportation Costs
Transportation costs in Savannah are generally lower than in many other cities. The city is well-known for its extensive and efficient public transportation system, which includes buses and trolleys. A monthly pass for public transportation costs around $50, making it an affordable option for those who rely on public transit.
For those who prefer driving, Savannah offers a variety of parking options, including street parking and parking garages. Gas prices are also relatively low, averaging around $2.60 per gallon, which is similar to the national average.
Healthcare Costs
Healthcare costs in Savannah are slightly above the national average. According to U.S. News & World Report, the average cost of a primary care visit in Savannah is around $85, while the average cost of a specialist visit is around $100. While these costs may seem high, they are generally lower than those in many other cities.
Insurance premiums can also be a significant expense, but Georgia offers a variety of insurance plans through the Affordable Care Act (ACA) marketplace. The cost of insurance can vary depending on the individual’s age, health status, and other factors.
Entertainment and Dining Out
Savannah is known for its vibrant dining scene and numerous entertainment options, from historic tours to live music performances. While dining out can be expensive, there are also many affordable options available, including casual restaurants, food trucks, and farmer’s markets.
Entertainment costs can vary depending on the individual’s preferences, but many events and activities in Savannah are free or low-cost. The city hosts numerous festivals, concerts, and art exhibitions throughout the year, providing ample opportunities for residents to enjoy the arts and culture without breaking the bank.
Conclusion
In conclusion, while there are some expenses that may be higher than in other cities, Savannah, Georgia, is generally considered an affordable place to live. With a variety of housing options, low transportation costs, and a diverse range of entertainment and dining experiences, Savannah offers a high quality of life at a reasonable price. For those considering a move to this charming city, it is essential to weigh the costs and benefits based on individual lifestyle preferences.
