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2024 BEA RPP All 4 categories Federal source

Augusta-Richmond County, GA-SC

Cost-of-living indicators for Augusta-Richmond County, GA-SC, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 12260 · Data year: 2024 · Rank: #247 of 387

Augusta-Richmond County, GA-SC has a cost of living index of 91.9, meaning it's 8.1% less expensive than the national average. Goods cost 3.7% less, services 10.5% less, and rents are 29.4% below average. A $100K national salary has the purchasing power of $108,810 here.

What the Numbers Mean for Augusta

Augusta ranks #247 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 91.9, Augusta-Richmond County, GA-SC is 8.1% less expensive than the national baseline of 100. The gap between Augusta's most and least expensive categories — the priciest line item versus rents at 70.6 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $108,810 inside Augusta, while a household needs roughly $91,903 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 70.6 — 29.4% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Augusta's overall index has stayed within 0.8 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 96.3 and services at 89.5, meaning everyday spending in Augusta is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Augusta Cost Index at a Glance

Augusta all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10091.9

Augusta category breakdown

BEA RPP composition by goods, services, rents, overall

Rents70.603Services89.473Goods96.293Overall91.903

Price Index Summary

Overall

91.9

-8.1 below avg

Goods

96.3

-3.7 below avg

Services

89.5

-10.5 below avg

Rents

70.6

-29.4 below avg

Price Index vs National Average (100)

Overall
National avg

Index 91.9 (-8.1 vs national avg)

Goods
National avg

Index 96.3 (-3.7 vs national avg)

Services
National avg

Index 89.5 (-10.5 vs national avg)

Rents
National avg

Index 70.6 (-29.4 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -29.4% (70.6)
Services -10.5% (89.5)
Overall -8.1% (91.9)
Goods -3.7% (96.3)

Income Adequacy in Augusta

Augusta income adequacy score

$75,000 median income vs RPP 91.9

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$91,903

in Augusta-Richmond County, GA-SC purchasing power

$50,000 nationally
$45,952
$75,000 nationally
$68,927
$125,000 nationally
$114,879
$150,000 nationally
$137,855
$200,000 nationally
$183,806

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.8 points over this period.

Year Overall
2008 91.1
2009 90.6
2010 92.3
2011 93.7
2012 93.5
2013 93.2
2014 92.5
2015 93.2
2016 93.6
2017 92.4
2018 91.4
2019 90.3
2020 89.7
2021 91.9
2022 91.8
2023 91.2
2024 91.9

Metros with Similar Cost of Living

These metros have an overall RPP closest to Augusta-Richmond County, GA-SC's index of 91.9.

Related Data for Augusta

Frequently Asked Questions

What is the cost of living in Augusta-Richmond County, GA-SC?
Augusta-Richmond County, GA-SC has a Regional Price Parity (RPP) index of 91.9, meaning it is 8.1% less expensive than the national average. Goods are indexed at 96.3, services at 89.5, and rents at 70.6. It ranks #247 out of 387 U.S. metro areas by overall cost.
What salary do I need in Augusta-Richmond County, GA-SC to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $91,903 in Augusta-Richmond County, GA-SC. Conversely, $100K earned in Augusta-Richmond County, GA-SC has the purchasing power of $108,810 at the national average.
How expensive is rent in Augusta-Richmond County, GA-SC?
Rents in Augusta-Richmond County, GA-SC are indexed at 70.6, which is 29.4% below the national average. This makes the area relatively affordable for renters.
Is Augusta-Richmond County, GA-SC getting more expensive?
From 2008 to 2024, Augusta-Richmond County, GA-SC's overall cost index changed by +0.8 points (from 91.1 to 91.9). The cost of living has remained relatively stable.
What metros have a similar cost of living to Augusta-Richmond County, GA-SC?
Metros with the most similar overall cost index include Omaha, Bay City, Midland. These areas have RPP values within a few points of Augusta-Richmond County, GA-SC's 91.9.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

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