Cost of Living in Newnan GA – 2025 Guide
Nestled approximately 40 miles southwest of Atlanta, Newnan, Georgia, offers a blend of small-town charm and modern amenities. Understanding the cost of living in Newnan is crucial for prospective residents and businesses. This comprehensive guide provides detailed insights into various expenses, including housing, utilities, transportation, food, healthcare, and more, to help you make informed decisions about relocating to Newnan in 2025.
1. Overview of Newnan's Cost of Living
As of 2025, Newnan's cost of living is approximately 4% lower than the national average. This affordability makes it an attractive option for individuals and families seeking proximity to Atlanta without the associated high costs. The overall cost of living index in Newnan stands at 104.2, indicating it is 4.2% higher than the U.S. average but still competitive compared to many urban areas.
2. Housing Costs
Housing is a significant component of living expenses. In Newnan, the median home price is $340,200, slightly above the national median of $338,100. Renting a two-bedroom apartment averages $1,500 per month, which is 4.9% higher than the national average. Despite these figures, Newnan remains more affordable than many neighboring cities, with housing costs approximately 12% lower than the national average.
3. Utilities
Utility costs in Newnan are relatively affordable. Residents can expect to pay around $166.46 per month for energy bills, which is 17% lower than the national average. This includes electricity, heating, cooling, water, and garbage services.
4. Transportation
Transportation expenses in Newnan are also favorable. Gasoline prices average $3.14 per gallon, and overall transportation costs, including public transit and vehicle maintenance, are about 7% lower than the national average. This affordability is beneficial for commuters traveling to Atlanta or other nearby areas.
5. Food and Grocery
Grocery prices in Newnan are marginally higher than the national average by about 1%.
Typical grocery items are priced as follows:
Loaf of Bread: $4.36
Gallon of Milk: $4.70
Carton of Eggs: $3.49
Bunch of Bananas: $0.72
Hamburger: $5.57
Dining out varies, with a meal at an inexpensive restaurant costing around $18.90, and a mid-range three-course meal for two people averaging $63.70.
6. Healthcare
Healthcare costs in Newnan are on par with the national average. Typical expenses include:
Doctor's Visit: $139.90
Dentist Visit: $115.04
Optometrist Visit: $128.14
Prescription Medication: $242.88
Veterinary Visit: $69.97
These figures suggest that residents can expect healthcare expenses comparable to the national average.
7. Education
Newnan offers a range of educational institutions, from public schools to private academies. While public education is funded through taxes, private school tuition varies. Prospective residents should research specific schools for accurate tuition rates and associated fees.
8. Taxes
Georgia's state income tax ranges from 1% to 5.75%, depending on income levels. The state sales tax is 4%, but with additional local taxes, the total sales tax rate in Newnan is approximately 7%. Property taxes in Coweta County are also competitive, contributing to the area's overall affordability.
9. Employment and Income
The median household income in Newnan is $66,384, which is higher than the national median. The city's proximity to Atlanta provides residents with diverse employment opportunities in sectors such as healthcare, education, manufacturing, and retail. This advantageous location allows residents to benefit from a small-town atmosphere while accessing metropolitan job markets.
