Housing costs in Atlanta?
A typical home costs
$351,900, which is 4.1% more expensive than the national average of
$338,100 and 14.2% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Atlanta costs
$1,560 per month, which is 21.9% more than the national average of
$1,280 and close to the state average of
$1,540.
Can I afford Atlanta?
To live comfortably in Atlanta (zip 30340), Georgia, a minimum annual income of
$67,320 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Atlanta?
The cost of living in 30340 Atlanta, GA is relatively high compared to other areas of the country. The average home prices in the area are around $400,000, with rental costs averaging around $2,500 per month. Groceries and other necessities come with a hefty price tag as well - it's not uncommon to spend upwards of $150 for just a week's worth of groceries. In addition to this, the area is known for having some of the highest taxes in the nation. All of these factors contribute to an overall high cost of living that can be quite challenging for those on a budget.