Cost of Living in Augusta-Richmond County, GA-SC

How far does a $70,000 salary go in Augusta-Richmond County? Estimated income taxes on that gross salary total approximately $7,241 per year — GA-SC levies no state income tax, so that figure covers federal tax only. Subtract rent for a 2-bedroom apartment ($1,261/month based on HUD Fair Market Rents for the Augusta-Richmond County metro area) and the estimated annual take-home is $47,627, or roughly $3,969 per month for everything else: food, transportation, savings, and discretionary spending.

The Augusta-Richmond County metro has a cost of living index of 67.8 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 32% below the national average, Augusta-Richmond County is a genuinely affordable metro where everyday expenses stretch further than in most cities.

At a $70,000 salary, the estimated 2-bedroom rent in Augusta-Richmond County represents approximately 22% of gross income. That falls comfortably below the 30% rent-burden guideline, a healthy position for building savings. GA-SC's zero income tax helps offset the rent burden compared to otherwise similar cities that also levy state income tax.