What Is The Cost Of Living In Atlanta?January 10, 2023
Are you looking for the cost of living in Atlanta? Continue reading, because this article will also give you detailed information about Atlanta’s cost of living. Probably you all know that there are certain factors to consider when choosing the next city you want to call home. Keeping in mind this, we have provided a detailed analysis of the cost of such factors. While talking about Atlanta, it is the capital city of the most populated state called Georgia, United States. The city is extremely popular because it is the birthplace of Coca-Cola, one of the popular brands spread across the globe. Now, let’s get started and know the cost of living in Atlanta.
What Is The Cost Of Living In Atlanta?
The cost of living in Atlanta is around 109.4 which is slightly more than the national average. Here is a table showing you the average cost of living in Atlanta as compared to the national cost. If the cost of living in Atlanta Georgia is less than 100, it means Atlanta is more expensive, and otherwise, it is less expensive. While observing the table you could get that, the cost of housing, transportation, utility, and miscellaneous, overall is more than the national average. And the cost of groceries and health is lower than the national average.
|Cost Of Living For||Atlanta||USA|
|Median Home Cost||$334,200||$291,700|
Home rent cost is a great contributor to the cost of living in Atlanta Ga. Currently, the prices of houses in Atlanta are increasing, though rents aren’t still fairly compared to other big cities like New York. In the table, we have given the approximate rent cost of 1 and 2 bedrooms in the different cities in Georgia. After taking a look at the table you may find it easy to manage the cost of living in Atlanta per month.
|City||Approx 1 Bedroom Rent||Approx 2 Bedroom Rent|
The average cost of living in Atlanta Georgia is closely related to your spending on food. In Atlanta, a meal for two will cost an average of $50, so based on how frequently you eat food prepared by the chef, our monthly expenses could increase. To get a close idea about the food cost, refer to the table given below, which will show you the approx cost of dinner for 2 in different cities in Georgia.
|City||Approx Dinner Cost For 2|
The cost of living in Atlanta for international students as well as the local public is greatly affected by the cost of transportation. This type of cost is not fixed therefore, it becomes tough to manage a monthly budget. When you see the cost of living in Atlanta vs Dallas, you may find Atlanta cheaper than Dallas. In Atlanta, the standard fare for MARTA is $2.50 with 4 free transfers within 3 hours.
There are some other expenses too which affect your monthly cost of living and they are health care, internet bills, utility bills, fitness fees, etc. Let’s know then in detail.
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When you see the cost of living in Atlanta vs Houston, then you will find Houston less expensive than Atlanta due to low healthcare expenses. In Atlanta, a single adult should plan to spend $2.713 per annum on their medical and healthcare costs. And a family of two working adults with two kids will cost around $8,056 annually.
Cost of living in Atlanta vs Chicago tells that Atlanta is less expensive than Chicago in terms of utility bills. In Atlanta, you need to pay $157 per month for standard utilities, and an extra $78 for the internet. Your utility bills may vary but not cross $235.
In Atlanta, the cost of the internet depends upon the provider, for example, the cost of Spectrum is $49.99 to $89.99 monthly. And it is between $49.99 to $99.99 per month for Cox Communications.
If you would like a gym with more options, classes, and workout equipment to pick from, you need to pay a minimum of $35 for a single adult. When you see the cost of living in Atlanta vs New York, Atlanta is less expensive than New York.
Atlanta is also known as the “City of Trees” because of its plenty of outdoor spaces. If you want to save some money then you can enjoy rollerblading, jogging, and walking year-round in great places like the Beltline and public parks.
For Atlanta, the minimum sales tax is around 8.9%, which includes tax by state, county, and city. The Georgia sales tax rate is currently 4%. Also, the county sales tax rate is 3%.
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What Salary Do You Need To Live In Atlanta?
What is a good salary in Atlanta? The Census Bureau reports that the average household income for Atlanta residents is $61,24. However, to stick to the rule of spending only 30% on your monthly income on rent, you will need an income of $63,360 to live comfortably in a one bedroom apartment.
Is Atlanta Considered Low Cost Of Living?
Atlanta’s Cost of Living
Thankfully, Atlanta is a relatively affordable place to live. The cost of living as a whole is 2% lower than the national average. For a bit more perspective on what that means, see the chart above.
Is It Cheaper To Live In Atlanta Or Florida?
Cost of living
Georgia has an overall score of 93.4, about 10% less than Florida’s 102.8. This means that, on average, living in Georgia is slightly more affordable than living in Florida.
Is Atlanta A Safe City To Live In?
According to the latest statistics by the Georgia Bureau of Investigation (GBI), the overall crime rate in Atlanta has declined in recent years. However, higher than average property crime rates and a relatively high violent crime rate mean that Atlanta is still not the safest city in the US.
After reading this article, you understand what is the cost of living in Atlanta Georgia in detail. Living in Atlanta comes with nightlife, award-winning restaurants, mild winters, and a growing economy. There are other important factors to highlight, from the list of local breweries and restaurants to the cost of living as well as the quality of life. So, this was all about the cost of living in Atlanta.