Housing costs in Georgia?
A typical home costs
$308,200, which is 8.8% less expensive than the national average of
$338,100 and 0.0% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Georgia costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and close to the state average of
$1,280.
Can I afford Georgia?
To live comfortably in Georgia, a minimum annual income of
$59,040 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Georgia?
Georgia State is known for its affordable cost of living. The median home price in Atlanta, the largest city in the state, is approximately $272,000 which is much lower than many other large cities in the United States. Additionally, Georgia has some of the lowest sales tax rates in the country, making it an attractive place to shop and live for those looking to save money. The cost of living index score for Georgia stands at 94.2 meaning the cost of living is 6% lower than the national average. This low cost of living combined with a wide variety of job opportunities makes Georgia an attractive option for those looking to move or establish a new business in an affordable area.