Cost of Living in Atlanta
Summary: Understanding the the cost of living in Atlanta helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Apartment Rentals | The average rent for a one-bedroom apartment in Atlanta is $1,092 per month. The average rent for a two-bedroom apartment is $1,323 per month. |
Apartment Purchases | The median home value in Atlanta is $223,400. The median list price per square foot is $179. |
Transportation | The average cost of a monthly MARTA pass is $95. The average cost of a gallon of gas is $2.45. |
Groceries | The average cost of a gallon of milk is $3.50. The average cost of a dozen eggs is $2.50. The average cost of a loaf of bread is $2.50. |
Restaurants | The average cost of a meal at an inexpensive restaurant is $15. The average cost of a meal at a mid-range restaurant is $30. |
Utilities | The average cost of electricity for a 915-square-foot apartment is $127. The average cost of water for a 915-square-foot apartment is $50. |
Private School Tuition | The average cost of tuition for preschool is $7,000 per year. The average cost of tuition for elementary school is $10,000 per year. The average cost of tuition for middle school is $12,000 per year. The average cost of tuition for high school is $14,000 per year. |
Monthly Budget for Retirees in Atlanta
"The cost of living in Atlanta is generally considered to be higher than the national average. Housing costs are particularly high, with the median home price in the city being significantly higher than the national median. Groceries, transportation, and utilities are also more expensive than the national average. Additionally, the city has a higher sales tax rate than most other cities in the United States," said one expat living in Atlanta.
Can I live in Atlanta on $1,500 a month?
"I've been living in Atlanta for a few years now, and I can tell you that it's possible to live on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find an affordable place to live. Some of the more affordable neighborhoods in Atlanta include West End, East Point, and College Park. These areas have lower rent prices, but they may not be as safe or have as many amenities as more expensive neighborhoods. On the other hand, neighborhoods like Buckhead, Midtown, and Virginia Highland are more expensive and might be out of your budget.To save on rent, you might consider getting a roommate or renting a room in a shared house. This can significantly reduce your housing costs, but you'll have to be comfortable living with others. You'll also need to be mindful of your utility usage, as high electricity and water bills can quickly eat into your budget.When it comes to transportation, owning a car can be expensive, especially when you factor in gas, insurance, and maintenance costs. Instead, you might want to rely on public transportation, like the MARTA system, or use a bike to get around. This will save you money and help you stay within your budget.For groceries and other essentials, you'll want to shop at more affordable stores like Aldi, Walmart, or Kroger. You can also save money by cooking at home instead of eating out, and by packing your lunch for work instead of buying it.Entertainment and socializing can be a bit tricky on a tight budget, but there are plenty of free or low-cost events and activities in Atlanta. You can visit parks, attend free concerts, or join meetup groups to meet new people and have fun without spending a lot of money.Overall, living on $1,500 a month in Atlanta is doable, but you'll need to be disciplined with your spending and make some sacrifices. By finding affordable housing, using public transportation, and being mindful of your expenses, you can make it work," commented an expat living in Atlanta.
Can I live in Atlanta on $3,500 a month?
"I've been living in Atlanta for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make some sacrifices in terms of the neighborhood you choose to live in and the type of housing you opt for.For example, some of the more expensive neighborhoods like Buckhead, Midtown, and Virginia Highland might be out of your budget if you're looking to live alone in a one-bedroom apartment. These areas are known for their upscale shops, restaurants, and nightlife, but the cost of living is higher as a result.Instead, you might want to consider more affordable neighborhoods like West Midtown, East Atlanta Village, or Grant Park. These areas still have plenty of modern amenities, but the cost of living is more reasonable. You can find one-bedroom apartments in these neighborhoods for around $1,200 to $1,500 a month, which should leave you with enough money for utilities, groceries, transportation, and other expenses.In terms of sacrifices, you might have to give up some square footage or live in an older building to make your budget work. Additionally, you might have to rely on public transportation or carpooling instead of having your own car, as parking and gas can be expensive in the city.Overall, it's definitely possible to live comfortably in Atlanta on $3,000 a month, but you'll need to be strategic about where you choose to live and what amenities you prioritize," said one expat living in Atlanta.
Can I live in Atlanta on $5,000 a month?
"I've been living in Atlanta for a few years now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even if you're used to modern amenities. Of course, you might have to make some sacrifices, but nothing too drastic. For example, you might not be able to live in the most upscale neighborhoods like Buckhead or Midtown, where rent can be quite high. However, there are plenty of other great neighborhoods that are more affordable, like Decatur, Grant Park, or Inman Park. These areas still have a lot of charm and character, and they're close to many of the city's attractions.When it comes to housing, you can find a nice apartment or even a small house for around $1,500 to $2,000 a month, depending on the neighborhood. This should leave you with plenty of money for utilities, groceries, and other living expenses. You might have to be a bit more mindful of your spending when it comes to dining out or entertainment, but there are plenty of affordable options in the city. Atlanta has a great food scene, and you can find delicious meals at a variety of price points.Transportation is another area where you might have to make some adjustments. While Atlanta does have a public transportation system (MARTA), it's not as extensive as some other cities, so you might find it more convenient to have a car. However, if you live and work close to a MARTA station, you can definitely make it work without a car. Just keep in mind that you'll need to budget for a monthly transit pass, which costs around $95.Overall, I think you'll find that living in Atlanta on $5,000 a month is quite doable, and you won't have to make too many sacrifices to maintain a comfortable lifestyle. Just be mindful of your housing and transportation choices, and you should be able to enjoy all the modern amenities you're used to," commented an expat living in Atlanta.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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