Housing costs in Cumming?
A typical home costs
$517,600, which is 53.1% more expensive than the national average of
$338,100 and 67.9% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Cumming costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 26.4% more than the state average of
$1,280.
Can I afford Cumming?
To live comfortably in Cumming, Georgia, a minimum annual income of
$99,000 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Cumming?
The cost of living in Cumming, GA is fairly moderate compared to other areas of Georgia. The overall cost of living index is approximately 1% below the national average, making it more affordable than many places in the state. Housing costs are especially attractive for those looking to buy or rent a home. The median home price is around $273,000 and the median household income is roughly $63,000. Renters will find plenty of attractive options with a median monthly rent of just over $1,100. Groceries and health care tend to be slightly more expensive than average but transportation and utility costs are on par with national averages. Altogether, it’s an affordable place to live that offers plenty of amenities and entertainment options for all types of budgets.