Tybee Island, Georgia

Tybee Island, GA is #64 on the list Top 100 Best Cities For Retirees in 2023

Cost of living in Tybee Island, Georgia

  • Cost of living compared to USAlow
  • Cost of living compared to Georgiahigh
  • Median household incomethe highest

Is it expensive to live in Tybee Island, Georgia? When calculating the cost of living in Tybee Island, Georgia we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Tybee Island, Georgia is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Georgia, while median household income in Tybee Island is $94,722 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Georgia.

Taxes in Tybee Island, Georgia

The sales tax rate in Tybee Island, Georgia is 7.0%. Last year, the average property taxes paid was 1.0% Tybee Island, Georgia.

Here is the table with the State Income Taxes in the state of Georgia:

State Income Tax Brackets (Single):

Income Bracket Threshold Income Bracket Ceiling Georgia Income Tax Rate
$0 $750 1.0%
$750 $2,250 2.0%
$2,250 $3,750 3.0%
$3,750 $5,250 4.0%
$5,250 $7,000 5.0%
$7,000 $9,999,999 5.75%

State Income Tax Brackets (Married):

Income Bracket Threshold Income Bracket Ceiling Georgia Income Tax Rate
$0 $1,000 1.0%
$1,000 $3,000 2.0%
$3,000 $5,000 3.0%
$5,000 $7,000 4.0%
$7,000 $10,000 5.0%
$10,000 $9,999,999 5.75%

Housing costs in Tybee Island, Georgia

  • The average cost of a single-family home compared to USAthe highest
  • The average cost of a single-family home compared to Georgiathe highest

In Tybee Island, Georgia, 79.0% of the population owns their homes, while approximately 21.0% rent. The average cost of a single-family home in Tybee Island, Georgia in 2022 is $724,447 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Georgia. The average one-bedroom apartment cost is approximately $1,260 per month.

Rental SizeMonthly CostCompared to Georgia
1 Bedroom$1,260the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,420the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,940the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$2,270the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest