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14 SAVANNAHCHAMBER.COM L I V I N G H E R E SAVANNAH MSA AVERAGE HOUSEHOLD INCOME $95,690 COST OF LIVING The numbers below refl ect the cost of living — the amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes and health care — in U.S. cities. Savannah 97.3 Charlotte, NC 97.9 Dallas, TX 98.5 Jacksonville, FL 99.0 Chicago, IL 100.1 Atlanta, GA 100.3 Charleston, SC 101.7 Austin, TX 106.6 Miami, FL 110.1 New York, NY 128.0 San Francisco, CA 178.6 COMPARABLE HOME PRICES Single-family home (average of middle-priced tier) Savannah $298,699 Atlanta, GA $418,891 Raleigh, NC $439,432 Nashville, TN $439,266 Orlando, FL $402,296 Charlotte, NC $394,518 Gainesville, FL $310,730 TOP EMPLOYMENT INDUSTRIES 1. Education and Health Services 2. Leisure and Hospitality 3. Professional and Business Services 4. Retail Trade 5. Government — State and Local 6. Manufacturing 7. Transportation and Utilities 8. Construction, Mining and Logging 9. Other Services Explore the natural beauty of Savannah and its surrounding regions, from pristine beaches and marshlands to scenic parks and nature preserves. Even in our planned neighborhoods and downtown, beautiful squares and centuries-old oak trees maximize the city's green spaces and keep residents connected with nature at all times. 8. We support minority- and women-owned businesses. Savannah is committed to fostering entrepreneurship and supporting small businesses, particularly those owned by women and minorities. With numerous advocacy organizations and support services, Savannah provides the resources and support necessary for these businesses to thrive and grow. 9. You'll fi nd your dream house. Whether you're seeking a sense of kinship, retiring in a golf community, or looking for a generous, safe space for your children to play and thrive, Savannah has a diverse range of neighborhoods to choose from. (Learn more on page 25.) Take your pick from contemporary urban lofts, historic downtown row houses, waterfront estates along the marsh, or mid-century modern gems … the list goes on. From Federal townhouses and Victorian mansions to Arts and Crafts bungalows and luxe Lowcountry getaways, the city offers many fi ne pieces of real estate — and a cost-of-living index below the national average. 10. We're famous for our hospitality (and to-go cups). Savannah has been welcoming the world to its doorstep for almost three centuries. In that time, we've learned a thing or two about good food, gracious accommodations and enter- tainment. We know just how to make you feel comfortable, and if you need to mosey on, we'll even send you with a cocktail in hand: Downtown Savannah is one of the few places in the country with an open-container policy. K E L L I B O Y D P H O T O G R A P H Y / S A V A N N A H M A G A Z I N E Fashion designer and entrepreneur Emily McCarthy with her team at the company's new headquarters on Victory Drive STATISTIC SOURCES: Advisorsmith Cost of Living Index, Savannah 2024 Economic Trends, Savannah Area Chamber of Commerce, Savannah Economic Development Authority, Georgia Southern University Center for Business Analytics and Economic Research, bestplaces.net, zillow.com and public sources including U.S. Census Bureau Quick Facts, Georgia Department of Labor, Georgia Department of Revenue, Savannah Airport Commission and Chatham Area Transit