Atlanta, GA, is known for its rich history, vibrant culture, and booming economy. But before you decide to move to this Southern city, it’s essential to understand what it costs to live here. The cost of living in Atlanta can vary significantly depending on your lifestyle, neighborhood, and employment. Here you will explore the essential aspects of Atlanta’s living expenses, from housing to healthcare, giving you a clear picture of what you can expect.

Housing Costs in Atlanta

Housing is one of the most significant factors that influence the cost of living in Atlanta. Whether you’re looking to rent an apartment in Midtown or buy a home in Buckhead, housing prices will shape your monthly budget.

Renting in Atlanta

The average rent for a one-bedroom apartment in Atlanta hovers around $1,500 to $1,800, but this can fluctuate depending on the area. Popular neighborhoods like Virginia-Highland and Inman Park may come with higher rent prices, while more suburban areas like Decatur or East Atlanta Village offer more affordable options.

Buying a Home in Atlanta

If you’re considering purchasing a home, the median home price in Atlanta is around $400,000. However, much like renting, prices vary based on location. Properties in upscale areas like Buckhead can go for over a million dollars, whereas neighborhoods like College Park or East Point might offer more budget-friendly options for buyers.

Utilities

When considering the cost of living in Atlanta, you can’t forget about utilities. On average, basic utilities for an 85-square-meter apartment (including electricity, heating, cooling, water, and garbage) will set you back around $150 per month. The Internet, which is essential for most households, will add another $60 to $100 to your monthly expenses, depending on the speed and provider you choose.

During the summer, utility bills tend to spike due to Atlanta’s humid heat, and residents may run their air conditioners more frequently. It’s important to factor in these seasonal fluctuations when budgeting your utilities.

Groceries and Food Costs

The cost of living in Atlanta also depends on how much you spend on food. Dining out is a popular pastime in this city, known for its diverse and world-class culinary scene. From high-end restaurants in Buckhead to food trucks in Little Five Points, there’s something for every palate and budget.

Eating at Home

For groceries, a typical household can expect to spend about $300 to $500 a month, depending on the number of people in the household and shopping habits. Atlanta offers several farmers markets and organic grocery stores, but they can be pricier than chain supermarkets like Kroger or Publix.

Dining Out

If you prefer eating out, expect to pay around $15 to $20 for a casual meal and upwards of $30 to $50 per person at higher-end restaurants. Atlanta’s food scene includes everything from BBQ joints to sushi spots, so while the city caters to food lovers, frequent dining out can quickly add up.

Transportation Costs in Atlanta

Atlanta is infamous for its traffic, and many residents rely on their cars to get around. Gas prices in the city usually fall within the national average, but owning a car means budgeting for more than just fuel.

Public Transportation

The MARTA (Metropolitan Atlanta Rapid Transit Authority) system provides an affordable transportation option for those who prefer not to drive. A one-way trip on the MARTA bus or train costs $2.50, with monthly passes available for around $95. While MARTA serves many of Atlanta’s major attractions, it may not be as convenient for those living farther from the city center, so some residents will still need to rely on cars.

Driving in Atlanta

For car owners, the costs of maintaining a vehicle can add up. Car insurance in Atlanta tends to be higher than in other parts of Georgia, with average premiums ranging between $1,200 and $1,800 annually. Add to that regular maintenance, parking fees, and potential tolls, and transportation costs can quickly rise.

Healthcare Costs in Atlanta

Healthcare is another important factor when assessing the cost of living in Atlanta. Atlanta is home to several prestigious hospitals, such as Emory Healthcare and Piedmont Hospital, but healthcare costs can be high.

Health insurance premiums in Georgia, including Atlanta, vary based on your plan, but the average monthly cost for an individual is around $400 to $600. If you’re uninsured or paying out of pocket, medical services such as doctor visits, lab tests, and medications can be expensive, making it essential to have some form of healthcare coverage.

Education and Childcare Costs

For families with children, the cost of living in Atlanta also includes education and childcare. Public schools in Atlanta are generally well-rated, but some parents opt for private schools, which come with significant tuition fees. Private school tuition in Atlanta can range from $10,000 to over $30,000 per year.

Childcare in Atlanta

Childcare is another considerable expense. The average cost of daycare for infants and toddlers in Atlanta is about $800 to $1,200 per month. For older children, after-school programs or babysitting services can add to the cost, especially for dual-income families.

Entertainment and Recreation

Atlanta’s entertainment options are vast, from visiting cultural institutions like the High Museum of Art to attending a Braves game at Truist Park. The city offers plenty of free activities like hiking at Piedmont Park or exploring the Atlanta BeltLine. However, tickets to events or memberships to attractions like the Georgia Aquarium can add up if you’re an avid explorer.

A movie ticket in Atlanta typically costs around $12 to $15, and a night out at a concert or sports event can range anywhere from $50 to over $150, depending on the venue and seats. While Atlanta is a fun and lively city, it’s easy to overspend on entertainment, so it’s essential to balance your budget.

Taxes in Atlanta

Taxes play a significant role in the cost of living in Atlanta. Georgia’s state income tax ranges from 1% to 5.75%, depending on your income level. Additionally, the sales tax in Atlanta is 8.9%, which can affect your day-to-day spending on goods and services.

Property taxes in Atlanta tend to be moderate compared to other major cities, with an average rate of around 1% of your home’s assessed value. However, depending on where you live within the city or the surrounding suburbs, these taxes may vary slightly.

Is Atlanta Affordable?

In summary, the cost of living in Atlanta can vary greatly depending on your lifestyle and neighborhood preferences. Housing tends to be the most significant expense, and while Atlanta may not be the cheapest city in the Southeast, it offers a relatively affordable urban experience compared to other major cities like New York or San Francisco.

Additionally, working with reliable Atlanta movers can make your transition much smoother. Experienced movers can handle the logistics of transporting your belongings, allowing you to focus on settling into your new home. Whether you’re moving across town or from another state, partnering with a dependable moving company can reduce the stress of the move and help you start your new life in Atlanta on the right foot.