What’s The Cost Of Living In Alpharetta GA?

Definition of "What’s the cost of living in Alpharetta GA?"

The cost of living typically includes estimates for housing, food energy, healthcare, transportation, and other necessities. It helps individuals to decide where they want to live and, more importantly, where they can afford to live taking into account their income and the real estate market in the area. 

Being the seventh most expensive city in Georgia, the cost of living in Alpharetta GA is 7% higher than Georgia’s average and 2.5% higher than the national average. 

Housing prices in Alpharetta GA

The biggest factor in the cost of living difference is Alpharetta’s average house price. A family home is at a median price of $344,100, which is more than double Georgia’s average. This means that real estate prices are less affordable here than they are in other locations in Georgia. If you’re looking for something within your budget, don’t hesitate to contact real estate agents in Alpharetta GA as they can provide the best options available on the market. From affordable condos or family homes, to luxury houses, Alpharetta has many different types of real estate and with a bit of filtering your necessities, you can have your dream home here.

Alpharetta health care

Access to healthcare and its affordability can also impact the general cost of living as it is 5% higher than the national average. When it comes to healthcare in Alpharetta, GA, access and affordability and outcome matters. More than 90% of the population of Alpharetta has health insurance, with 68.5% on employee plans. Health care spending was $6,587 in 2014 per capita personal.

Some of the best health care physicians and practitioners from Atlanta are right here in Alpharetta and the community includes more than 90 hospitals, over 13,000 licensed physicians and over 100,000 healthcare practitioners.

Daily expenses in Alpharetta Georgia

Alpharetta’s grocery prices are 3% higher than the national average, while utility prices are 17% lower. However, considering moving to Alpharetta, you must keep in mind the fact that Georgia has one of the highest state-wide average temperatures during the summer. This can also impact your electricity bill because the air conditioning will most likely be running non-stop.

Take into account Alpharetta’s average household income being higher than the national average, at approximately $42,644 a year, while the national average is around $28,555. To give you an idea of what this means in numbers and comparisons, an Accountant can make $75,000 while a Human Resources Manager’s salary is around $118,000. 

If you’re looking for something within your budget, don’t hesitate to contact real estate agents in Alpharetta, GA as they can provide the best options available on the market. This allows Alpharetta’s top realtors to offer a wide variety keeping in mind what you are looking for and what your price range is.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

Individual who will receive an inheritance upon the death of another. The proceeds of an insurance policy may be in a lump sum annuity. Real estate also passes to the beneficiary. ...

The seller disclosure is a statement made in good faith regarding the condition of the home he/she is trying to sell. There is a seller disclosure form – called “Form 17” ...

Insurance or maintenance policy taken out by a buyer of real or personal property. ...

A lien is a legal instrument by which one party – usually lenders and creditors - guarantees the obligation of a real estate owner to do something – generally repays the money. ...

Expenditures incurred building a structure, including material and labor. ...

Index of the costs to construct residential properties. ...

Generation X, also known as Gen X , is the generational extract of Americans that are sandwiched between the Baby Boomer Generation and the Millennial generation (also called ...

Income derived from a collection of asset investments. Real property investments produce rental and lease payment income. Investments in mortgages and other long term debt instruments ...

Legal dictate that must exist for property to be owned as joint tenants. ...