Cost of Living in Homer, GA: What You Need to Know

With a cost of living index of 86, Homer, GA is a very affordable place to live. Living here is 14% cheaper than the national average and 4% above the Georgia state average of 82. Homer is a small community of 1,628 residents.

Housing costs are the biggest factor in Homer's cost of living. The median monthly rent is $1,032 (22% below the US median of $1,319), and the median home value sits at $264,200 (13% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Homer is $83,068, which is 11% higher than the national median of $75,149. Residents spend roughly 15% 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 Homer. The area sees an average annual temperature of 61.2°F, with summers averaging 77°F and winters around 44°F. Annual rainfall totals 52.4 inches spread over roughly 128 days.

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.

Housing

Median Rent

$1,032/mo

Median Home Value

$264,200

Median Monthly Housing Cost

$965/mo

Climate in Homer

NOAA 30-year normals (1991-2020)

61.2°F

Avg Temperature

52.4"

Rainfall / Year

128d

Rainy Days / Year

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
High °F	51	55	63	72	79	85	88	87	81	72	62	53
Avg °F	42	46	53	61	69	76	79	78	72	62	52	45
Low °F	34	36	43	50	58	66	70	69	63	52	42	36
Rain"	5.0	4.7	4.8	4.0	4.0	4.2	4.4	4.7	3.9	3.9	4.2	4.7

Cost of Living in Homer, GA