Oakwood, GA vs St. Simons, GA

There is a significant gap in the cost of living between these two cities. Oakwood is 22.6% cheaper than St. Simons. With a cost index of 93 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakwood to St. Simons should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oakwood is $1,269/month compared to $1,626/month in St. Simons — a 22% difference. Home values follow the same pattern: Oakwood is more affordable at $255,400 median vs $484,100.

Median household income in Oakwood is $61,191 compared to $105,944 in St. Simons (-42.2%). While St. Simons is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakwood spend roughly 24.9% of their income on rent, more than the 18.4% in St. Simons.