Oakwood, GA

Living costs in Oakwood land close to the national average, with a Cost Index of 99 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $318,316, and typical monthly rents run around $1,269. Groceries and utilities are slightly below what you would find in most US cities.

Start with housing. Typical monthly rent is $1,269, while local median household income is $61,191. That implies a rent-burden proxy of about 25% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

Georgia has a progressive state income tax with a top rate of 5.49%. The effective property tax rate is 0.92%. On a home worth $318,316, that translates to roughly $2,929 per year in property taxes. Sales tax (state + local) averages around 7.38% on everyday purchases.

The typical monthly rent in Oakwood is around $1,269. That's close to the $1,348 national median. For comparison, the median home value here is $318,316, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Oakwood is valued at $318,316. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $1,610/month for principal and interest alone — before property taxes and insurance. About 37% of residents here own their homes.

Grocery prices in Oakwood are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are about typical (index: 90). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Oakwood is a small town with a population of about 5,499. The median age of residents is 31.9, skewing younger — often a sign of a college town or fast-growing area. The local poverty rate is 11.52%, near the national average of 12.4%.