Augusta is typically lauded for its attractive cost of living.
But the second-largest city in Georgia hasn’t been immune to inflationary pressures.
In the last three years, the average spend in Augusta on the 10 most common household bills has risen by 11.4% from $1,550 to $1,727, according to bill payment hub doxo.
That adds up to about $20,730 spent annually on bills like rent, auto loans, utilities and auto insurance.
The average Augusta household is spending 43% of its annual household income of $48,506 on household bills. Mortgage, rent, utilities and auto loans are the biggest expenses for households in Augusta.
The good news is that Augustans’ average monthly spend of $1,727 is still 15.6% lower than the U.S. average of $2,046, according to doxo.
For comparison, the average household in Atlanta spends $2,412 per month on common household bills, or $28,942 per year.
The average monthly mortgage bill in Atlanta is $1,991, while the average monthly rent is $1,376.
But surprisingly, Atlanta doesn’t break even the top 10 most expensive cities in Georgia. It ranks at number 13, while Augusta comes in at number 92.
