Study says it pays to live in Southwest Georgia
Tue, 24 Sep 2013 01:48:19 GMT —
10 metro areas of Georgia were looked at during a study on the cost of living in the second quarter of 2013 and those numbers were released by Valdosta State University. While Georgia fell below the national average, cities like Albany were nearly 10% cheaper to live in than the average city.
Housing is one of the sectors that has steadily been growing in Southwest Georgia as the economy bounces back, and realtors say land, construction and cost of labor is what makes prices vary.
"When we have those different factors and what the economy is bringing about within a metropolitan statistical area, those factors rise and fall with industry or business as they come through," said Albany Realtor Judy Bowles.
Other price of living costs looked at included groceries, transportation and healthcare, which all fell below the national average.