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Moving from Tennessee to Georgia:
Housing Cost Guide

How your housing costs change when you relocate. Based on 2026 data with 10% down, 6.5% rate, 30-year fixed.

Monthly Housing Cost Change
+$86/mo

Your housing costs will increase by approximately $86 per month ($1,032/year) when you move from Tennessee to Georgia.

Side-by-Side Comparison

TennesseeGeorgiaChange
Median Home Price$340,000$340,000+$0
Property Tax Rate0.56%0.92%+0.36%
Monthly Tax (on median)$159$261+$102
Insurance/yr$2,400$2,200$-200
Closing Costs$5K$5K+$0
Transfer Tax0.37%0.1%-0.27%
Est. Monthly PITI$2,420/mo$2,506/mo+$86/mo

What Your Tennessee Equity Buys in Georgia

If you sell your median-priced Tennessee home ($340K) and buy in Georgia ($340K):

Equity from sale (est. 30% after typical ownership)$102K
Down payment on Georgia home (20%)$68K
Remaining equity after down payment$34K

Your Tennessee equity covers the 20% down payment on a median Georgia home with $34K left over. That surplus can cover closing costs, moving expenses, or go into savings.

Monthly Budget Impact

Tennessee PITI
$2,420/mo
Georgia PITI
$2,506/mo
Monthly increase$86/mo
Annual increase$1,032/yr
10-year cost$10K

Over 10 years, this move costs you approximately $10K in housing costs alone.

Key Differences to Know

Watch out for Georgia's 0.92% property tax rate — that's $1,224 more per year than you're used to in Tennessee (0.56%). Property taxes are often the hidden cost that surprises relocating buyers.

When you buy in Georgia, expect about $5K in closing costs (1.5% of purchase price). This includes a 0.1% transfer tax. Budget for this amount on top of your down payment.

Down Payment Assistance in Georgia

Georgia's Georgia Dream Homeownership offers Up to $10,000 DPA. If you haven't owned a home in three years (or are buying in Georgia for the first time), you may qualify. Check eligibility requirements and income limits on Georgia's housing finance agency website.

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