Financial Profile: Georgia
Financial landscape, tax rates, cost of living, and median income scoring for Georgia residents.
Georgia at a Glance
Avg Salary
$58,000
Cost of Living
93
Top Tax Rate
5.5%
Adjusted Income
$62,365
Monthly Take-Home
$3,784
Max Rent (30%)
$1,449
Financial Genome at Median Income
Scores calculated for someone earning $58,000/yr in Georgia with typical expenses.
PPI
53
C+
FPI
25
F
LRS
53
C+
REW
30
D
Living in Georgia: Financial Overview
Georgia has a flat 5.49% income tax rate after transitioning from graduated brackets.
- Major business hub (Atlanta)
- Flat tax rate
- Moderate cost of living
Major Cities
Atlanta, Augusta, Savannah, Columbus
With a cost of living index of 93 (below the national average of 100), your dollar goes further in Georgia. A $60,000 salary here has the purchasing power equivalent of $64,516 in an average-cost area.
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