Cost of Living in Canton, GA

With a cost of living index of 114, Canton, GA is somewhat more expensive than average. Living here is 14% more expensive than the national average and 31% above the Georgia state average of 82. With a population of 34,587, Canton is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Canton's cost of living. The median monthly rent is $1,592 (21% above the US median of $1,319), and the median home value sits at $369,700 (21% above the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Canton is $81,642, which is 9% higher than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Canton. The area sees an average annual temperature of 60.8°F, with summers averaging 77°F and winters around 44°F. Annual rainfall totals 48.1 inches spread over roughly 131 days.

Everyday prices in the Atlanta-Sandy Springs-Roswell, GA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.