Cost of Living in Tallulah Falls, GA

With a cost of living index of 70, Tallulah Falls, GA is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 12% below the Georgia state average of 82. Tallulah Falls is a small community of 273 residents.

Housing costs are the biggest factor in Tallulah Falls's cost of living. The median monthly rent is $686 (48% below the US median of $1,319), and the median home value sits at $196,400 (36% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Tallulah Falls is $91,875, which is 22% higher than the national median of $75,149. Residents spend roughly 9% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.