What does a Economists salary really buy you in Georgia?
Georgia is 4.2% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Georgia's Regional Price Parity (RPP) is 95.8, meaning prices are 4.2% lower the national average. A Economists earning $127,220 in Georgia has the equivalent purchasing power of $132,797 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Georgia's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $81,630 | $85,208 | +$3,578 |
| 25th Percentile (P25) | $109,260 | $114,050 | +$4,790 |
| Median (P50) | $127,220 | $132,797 | +$5,577 |
| 75th Percentile (P75) | $167,860 | $175,219 | +$7,359 |
| 90th Percentile (P90) | $222,120 | $231,858 | +$9,738 |
A Economists in Georgia earns $127,220 on paper, but low living costs mean your money goes 4% further — like earning $132,797 in an average-cost state. This makes Georgia one of the best value states for this occupation.
Where does Economists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Georgia ranks #2 out of 39 states for Economists after cost-of-living adjustment.
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A Economists in Georgia earns a median salary of $127,220 per year. After adjusting for Georgia's cost of living (RPP=95.8), the real purchasing power is $132,797 — a +4.4% difference.
Georgia's cost of living is 4.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Georgia is 95.8 (US average = 100).
Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Economists in Georgia: $127,220 x (100 / 95.8) = $132,797. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Economists in Georgia enjoys 4.4% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.