Atlanta, Georgia is one of the fastest-growing metropolitan areas in the United States, attracting new residents from all over the country. Along with its growing population, the cost of living in Atlanta has also been increasing over the past few years. In this article, we will take a closer look at the cost of living in Atlanta and how it compares to other major cities in the US.

Housing Costs
Housing costs in Atlanta are relatively affordable compared to other major cities in the US. According to data from Zillow, the median home value in Atlanta is around $318,000. Rent prices in Atlanta are also lower compared to other major cities, with a one-bedroom apartment in the city center costing around $1,400 per month and a three-bedroom apartment costing around $2,300 per month.

Food and Groceries
Food and grocery prices in Atlanta are also relatively affordable. A meal at an inexpensive restaurant in Atlanta costs around $15, while a meal for two at a mid-range restaurant costs around $60. Grocery prices in Atlanta are also comparable to the national average, with a gallon of milk costing around $3.40 and a dozen eggs costing around $2.50.

Transportation Costs
Atlanta is known for its traffic congestion, so many residents choose to use public transportation. The Metropolitan Atlanta Rapid Transit Authority (MARTA) provides bus and rail service throughout the city, with a single ride costing around $2.50. Gas prices in Atlanta are also relatively affordable, with the average price per gallon around $3.00.

Utilities and Other Expenses
Utilities such as electricity, gas, and water are relatively affordable in Atlanta, with the average monthly bill for a 915-square-foot apartment costing around $150. Internet and cable services are also comparable to the national average, with the average monthly bill costing around $75.

Taxes
Georgia has a relatively low state income tax rate of 5.75%, which is lower than the national average. However, the sales tax rate in Atlanta is relatively high at 8.9%, which is higher than the national average.

Overall, the cost of living in Atlanta is relatively affordable compared to other major cities in the US. While housing costs and transportation can be expensive in some areas, other expenses such as food, groceries, and utilities are relatively affordable. Additionally, Georgia’s relatively low state income tax rate makes it an attractive destination for people looking to save money on taxes. However, it’s important to note that these costs can vary depending on the neighborhood and lifestyle of the individual. Overall, Atlanta offers a great balance between affordability and the amenities of a large city, making it a popular destination for those looking to relocate.