Housing costs in Powder Springs?
A typical home costs
$358,700, which is 6.1% more expensive than the national average of
$338,100 and 16.4% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Powder Springs costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 25.1% more than the state average of
$1,280.
Can I afford Powder Springs?
To live comfortably in Powder Springs, Georgia, a minimum annual income of
$68,760 for a family, and
$60,400 for a single person is recommended.
What does A.I. say about Powder Springs?
Powder Springs, GA is known for its low cost of living. According to the data from Sperling's Best Places, the overall cost of living in Powder Springs is around 11% lower than the national average. This means that residents can expect to pay less for groceries, housing, utilities and transportation when compared to other cities across the country. The median home price in Powder Springs is approximately $200,000 which is relatively affordable compared to other cities in the region. Additionally, unemployment rates in Powder Springs have been steadily declining over the last few years, indicating an increase in job opportunities and economic growth for local residents. In short, Powder Springs offers a relatively low cost of living along with a growing economy that provides many opportunities for those looking to live in this beautiful city.