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Cost of living in atlanta georgia

Cost of living in atlanta georgia

Cost of living in atlanta georgia

A discussion with zilch about all the prices of living in atlanta georgia in the US. A lot of information here including how much people are expecting to spend on living expenses in 2020, with different average rates of how much people are packing for in terms of food, furniture, entertainment, rent, etc.

RENT

Even if you are moving within your current state, the cost of moving could be over $1,000 depending on the city, what you are moving, and how much professional help you hire. You can save some expense by packing boxes yourself, renting a U-Haul truck, and asking friends and family to help with the loading and unloading. You should call at least three moving companies for a moving estimate, the cost might be less than you think and you won’t have to worry about a friend hurting their back trying to move your heavy furniture. Another way to make your move easier – and save money – is by weeding out items you don’t need anymore. Why bother to move stuff that you do not even use! Have a yard sale or find a local charitable organization and donate items you no longer use. Make sure you include these moving costs into the overall cost of living for year one in Atlanta, GA. ( 2021-10-29 salary.com )

you can use widely followed simple rules to determine if you can afford it on your salary. A good rule of thumb for housing affordability is the 28% rule: your monthly rent or the sum of your monthly mortgage, property taxes, and insurance should not exceed 28% of your gross income (income before tax). Another good rule of thumb is the 50-30-20 rule which says 50% of the net income (income after tax) should be spent on needs, 30% on wants, and 20% on savings and investments. So plan to ensure that your net income covers your needs and wants, so that you can live comfortably in (Source: zerodown.co)

PRICE

The Consumer Price Index for the Atlanta metro area increased 1.2% over the most recent year. The index for all expenses minus energy and food – including apparel, used cars, and shelter – increased 1.7%, but the food index increased by 4.5%. The energy index in Atlanta dropped 9%. This index doesn’t compare the Atlanta cost of living to any other area; it only tracks average price changes within the metro area.

Trying to decide between Chicago and Atlanta? These major metro areas have very different costs of living. The cost of living in Chicago is about 14.7% higher than the Atlanta cost of living while you can only expect to earn about 7.2% more. Compared with the Atlanta median home price of $343,000, Chicago has a median home price of $295,000. However, the cost of living in Atlanta vs Chicago is more apparent for renters: $1,692 in Atlanta vs $1,821 in Chicago on average. (Source: wirksmoving.com)

 

 

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