Cost of Living in Shannon, GA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

105.7

100 = national avg

+5.7 vs national average

Living Wage (1 Adult)

$46,520

per year

Living Wage (Family of 4)

$109,957

per year

Cost Index by Category

Housing
104.1
Food
104.7
Transportation
109.5
Healthcare
103.8
Utilities
103.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$923

per month

2 Bedroom

$1,192

per month

The overall cost of living index in Shannon is 105.7, which is 5.7% above the national average. Housing costs are above the national average at an index of 104.1. A single adult needs to earn approximately $46,520 per year to cover basic expenses.