Lithia Springs, GA vs Oakwood, GA
Lithia Springs, GA and Oakwood, GA have a very similar cost of living, with only a 0.7% difference in their overall index. Lithia Springs scores 93 while Oakwood scores 93 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 Lithia Springs is $1,353/month compared to $1,269/month in Oakwood — a 7% difference. Interestingly, home values tell a different story: while Oakwood has cheaper rent, Lithia Springs actually has lower median home values ($199,500 vs $255,400).
Median household income in Lithia Springs is $54,982 compared to $61,191 in Oakwood (-10.1%). While Oakwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lithia Springs spend roughly 29.5% of their income on rent, more than the 24.9% in Oakwood.
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