Cost of living in Savannah, GA
Compared with New York. Change city
$1,880a month less for the typical home than in New York1,2
That's $22,560 a year, enough to cover 10 months of the mortgage in Savannah. The average commute is 10 minutes shorter each way, about 1.7 hours a week back4.
Typical home $399,900 vs $742,000. 2-bedroom rent3 $1,676 vs $1,997. See the math
By Sol Lakein, founder of Slower Sundays.Checked October 2026.How we compare costs
Savannah at a glance, next to New York
5- Home pricesCheaper$399,900 vs $742,000 for the typical home1
- Space for the moneyMore space$209 vs $494 per sq ft1
- Rent, 2-bedroomCheaper$1,676 vs $1,997 a month3
- Everyday pricesCheaper5% below US average. New York: 13% above6
- CommuteShorter27 vs 37 minutes each way4
- Flights to New YorkNonstopNonstop to JFK, LaGuardia and Newark from SAV7
If you rent: median 2-bedroom
3Day-to-day costs
- Housing costs614% cheaper than averageNew York: 49% above
- Salary that matches $150,000 in New York6$126,870
Savannah in a paragraph
The median listed home in Savannah is $399,900 (Realtor.com, September 2026), 5% below the US median of $419,250. With 20% down at 7.32%, principal and interest come to about $2,198 a month. The median 2-bedroom rent is $1,676 a month, utilities included (Census, 2025). Everyday prices index at 95.2, where the US average is 100 (BEA, 2024). A $150,000 salary in New York buys the same as $126,870 here.
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See how Savannah ranks for youIs Savannah a good place to live?
Savannah fits families who want prices 5% below the US average and homes list 5% below the US median. The main trade-off is hot summers. Here is what you gain and what you give up.
What you gain
- Prices 5% below the US averageEveryday prices, rent included, index at 95.2 against a US average of 100.BEA regional price parities, 2024
- Homes list 5% below the US median$399,900 median listing against $419,250 nationally.Realtor.com via FRED, September 2026
- Nonstop flights to New YorkFrom SAV to JFK, LGA, EWR.Airport route page, accessed October 14, 2026
- Beach or lake accessTybee IslandSlower Sundays city profile
- Walkable downtownHistoric District squaresSlower Sundays city profile
What you trade
- Hot summersJuly highs average 92.3°F.NOAA 1991-2020 normals
Is Savannah a good place to live? Read the full pros and cons
More on Savannah and Georgia
Savannah cost of living: questions people ask
What is the cost of living in Savannah, GA?
The median listed home in Savannah is $399,900 (Realtor.com, September 2026), 5% below the US median of $419,250. With 20% down at 7.32%, principal and interest come to about $2,198 a month. The median 2-bedroom rent is $1,676 a month, utilities included (Census, 2025). Everyday prices index at 95.2, where the US average is 100 (BEA, 2024). A $150,000 salary in New York buys the same as $126,870 here.
How much would I save moving from New York to Savannah?
The median listed home is $399,900 in Savannah against $742,000 in the New York metro, 46% less. On a mortgage for each median home, that is about $1,880 a month less in principal and interest (20% down, 7.32%, Freddie Mac, October 22, 2026).
How much is rent in Savannah?
The median gross rent for a 2-bedroom in the Savannah metro is $1,676 a month, including utilities the renter pays (Census American Community Survey, 2025). In the New York metro it is $1,997, $321 more. The US median is $1,563.
What salary in Savannah matches $150,000 in New York?
$126,870. That is $150,000 adjusted by the BEA regional price parities for both metros (95.2 in Savannah, 112.6 in New York, 2024).
Does Savannah pay you to move there?
None of the relocation incentive programs we track cover Savannah as of October 2026.
What is the weather like in Savannah?
January lows average 40°F and July highs 92.3°F (NOAA 1991-2020 normals, Savannah/Hilton Head International Airport).
Notes on the numbers
- 1Home prices: the typical home is the median listing price, with price per square foot, from Realtor.com via FRED, September 2026. The comparison metro uses the same series and month.
- 2Monthly cost: Principal and interest on the median listed home with 20% down, 30-year fixed at 7.32% (Freddie Mac 30-year fixed average, week of October 22, 2026). Excludes taxes, insurance and HOA. Rate source
- 3Rent: Census ACS 2025 1-year, median gross rent for 2-bedroom units (rent plus utilities). Covers all renters, including long-time tenants, not only new leases. Census table
- 4Commute: Census ACS 2025 1-year, table S0801, mean travel time to work (one way, workers who do not work from home), 2025. Hours back assume a 5-day round trip. Census table
- 5At a glance: a difference within 5% counts as about the same.
- 6Everyday prices, housing costs and the matching salary: BEA regional price parities, 2024, US = 100.
- 7Flights: airport route pages, October 2026.
- 8Weather: NOAA 1991-2020 normals, Savannah/Hilton Head International Airport.
Sources for this page
- Median listing price: Realtor.com via FRED MEDLISPRI42340
- Price per sq ft: Realtor.com via FRED MEDLISPRIPERSQUFEE42340
- Price parities: BEA via FRED RPPALL42340, 2024
- Housing index: BEA via FRED RPPSERVERENT42340, 2024
- New York: Realtor.com via FRED MEDLISPRI35620 and MEDLISPRIPERSQUFEE35620; BEA via FRED RPPALL35620, 2024
- Flights: accessed 2026-10-14
- Climate normals
- Mortgage rate: Freddie Mac 30-year fixed average, week of October 22, 2026
- 2-bedroom rent: Census ACS 2025 1-year, median gross rent for 2-bedroom units (rent plus utilities)
- US median listing price: Realtor.com via FRED MEDLISPRIUS, September 2026