Cost of Living in Georgiana, AL

With a cost of living index of 55, Georgiana, AL is one of the most affordable cities in the country. Living here is 45% cheaper than the national average and 19% below the Alabama state average of 74. Georgiana is a small community of 1,432 residents.

Housing costs are the biggest factor in Georgiana's cost of living. The median monthly rent is $613 (54% below the US median of $1,319), and the median home value sits at $57,900 (81% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.

The median household income in Georgiana is $25,469, which is 66% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Georgiana. The area sees an average annual temperature of 66.1°F, with summers averaging 81°F and winters around 50°F. Annual rainfall totals 55.2 inches spread over roughly 0 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.