Cost of Living in Augusta-Richmond County, Georgia
In Augusta-Richmond County, the median household income is $55,485 and the median gross rent is $1,142/mo, with a median home value of $178,400. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $55,485
- Median gross rent
- $1,142/mo
- Median home value
- $178,400
- Population
- 201,528
How Augusta-Richmond County compares to the Georgia average
| Measure | Augusta-Richmond County, GA | Georgia statewide | Difference |
|---|---|---|---|
| Median household income | $55,485 | $77,353 | -28.3% |
| Median gross rent (monthly) | $1,142 | $1,393 | -18.0% |
| Median home value | $178,400 | $303,300 | -41.2% |
Statewide, Georgia prices average 96.3 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Augusta-Richmond County
- Salary needed for median rent
- $45,680
- Rent burden at median income
- 24.7%
- Est. affordable home price
- $202,406
So that $1,142/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Augusta-Richmond County is $178,400 — within what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other Georgia cities
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.