Cost of Living in Fort Gaines, GA

With a cost of living index of 57, Fort Gaines, GA is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 26% below the Georgia state average of 82. Fort Gaines is a small community of 1,166 residents.

Housing costs are the biggest factor in Fort Gaines's cost of living. The median monthly rent is $518 (61% below the US median of $1,319), and the median home value sits at $91,400 (70% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Fort Gaines is $38,636, which is 49% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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 Fort Gaines. The area sees an average annual temperature of 66.8°F, with summers averaging 82°F and winters around 51°F. Annual rainfall totals 53.3 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.