What is the cheapest place to buy a home in GA? This city ranks 8 in US

Housing costs are often the biggest Georgians deal with every month, so it’s important to try and save money where possible.

Last week, WalletHub released its ranking of the most affordable cities to buy a home. It analyzed 300 cities based on 10 metrics, with the biggest weight going to housing affordability and cost per square foot.

Best city to buy a home in Georgia?

Augusta ranked the highest among Georgia cities, ranking 8th overall and 3rd best in the midsized cities list.

Augusta real estate prices

According to Zillow, as of March, the median list price for a house in Georgia is $205,000 with a median sale price of $187,283. About 57% of sales are under the list price.

The average rent, as of April, is $1,365 per month.

Augusta cost of living

The MIT Living Wage Calculator reports the hourly pay needed to support yourself and/or your family, assuming full-time employment. For Richmond County (Augusta), it’s $20.31 for one adult, $28.16 for a two-adult household with one working, and $14.08 for a two-adult household with both working.

Children obviously increase the wage needed. Depending on how many adults are working, the necessary pay figures may increase by up to $13 for just one child, with more needed for additional children.

Worst city to buy a home in Georgia?

The Georgia city with the lowest ranking on the list overall was Sandy Springs. However, with 300 cities, landing at No. 151 doesn’t make it nearly the worst in the nation. Sandy Springs was No. 56 on the small cities list.

What are the best cities to buy a home in US?

1. Flint, MI
2. Detroit, MI
3. Surprise, AZ
4. Yuma, AZ
5. Akron, OH
6. Pittsburgh, PA
7. Memphis, TN
8. Augusta, GA
9. Indianapolis, IN
10. Cleveland, OH

Miguel Legoas is a Deep South Connect Team Reporter for USA Today. Find him on Instagram @miguelegoas and email at mlegoas@gannett.com.