Cost of Living in Woodbine, GA
Population: 1,006 | Georgia
Woodbine is 28% less expensive than the national average.
Cost of Living in Woodbine, GA: What You Need to Know
With a cost of living index of 72, Woodbine, GA is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 11% below the Georgia state average of 82. Woodbine is a small community of 1,006 residents.
Housing costs are the biggest factor in Woodbine's cost of living. The median monthly rent is $842 (36% below the US median of $1,319), and the median home value sits at $155,400 (49% below the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.
The median household income in Woodbine is $43,750, which is 42% lower 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. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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.
Income
- Median Household Income
- $43,750
- vs US Median ($75,149)
- -42%
Housing
- Median Rent
- $842/mo
- Median Home Value
- $155,400
- Median Monthly Housing Cost
- $817/mo