Hiram, GA vs Wilmington Island, GA

Hiram, GA and Wilmington Island, GA have a very similar cost of living, with only a 2.1% difference in their overall index. Hiram scores 117 while Wilmington Island scores 114 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hiram is $2,043/month compared to $1,680/month in Wilmington Island — a 22% difference. Interestingly, home values tell a different story: while Wilmington Island has cheaper rent, Hiram actually has lower median home values ($236,700 vs $361,600).

Median household income in Hiram is $80,278 compared to $92,578 in Wilmington Island (-13.3%). Wilmington Island offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hiram spend roughly 30.5% of their income on rent, more than the 21.8% in Wilmington Island. The Wilmington Island ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.