Housing costs in Fairmount?
A typical home costs
$257,400, which is 23.9% less expensive than the national average of
$338,100 and 16.5% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Fairmount costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 26.7% cheaper than the state average of
$1,280.
Can I afford Fairmount?
To live comfortably in Fairmount, Georgia, a minimum annual income of
$49,320 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Fairmount?
The cost of living in Fairmount, GA is very affordable. The median home cost is just over $100,000, and rental costs are similarly low. Goods and services also tend to be cheaper than in other parts of the state. Even though the area's property taxes are relatively high, they still remain much lower than in many other areas. For those who are looking for a place to call home with a low-cost of living, Fairmount is certainly worth considering.