Cost of Living in Savannah, GA

How far does a $70,000 salary go in Savannah? Estimated income taxes on that gross salary total approximately $10,425 per year — combining federal taxes with Georgia's state income tax. Subtract rent for a 2-bedroom apartment ($1,680/month based on HUD Fair Market Rents for the Savannah metro area) and the estimated annual take-home is $39,415, or roughly $3,285 per month for everything else: food, transportation, savings, and discretionary spending.

The Savannah metro has a cost of living index of 89.9 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 10% below the national average, Savannah 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 Savannah represents approximately 29% of gross income. That approaches the 30% threshold commonly used to define affordability. A smaller unit or a higher salary would improve the picture.