Cost of Living in Alpharetta, GA
Housing
The housing market plays a significant role in determining the cost of living in Alpharetta, GA.
- Housing Index: 120.0 / 100
- Median Home Price is: $468000
- Average Rent (2 BR Apartment): $2200 per month
- Average Rent (2 BR House): $2270 per month
Analyzing the current housing market in Alpharetta, GA, reveals a housing index of 120.0, indicating that properties are priced above the national average. The median home price stands at 468000, which is considerable for prospective buyers. Additionally, renters can expect to pay an average of 2200 for a 2-bedroom apartment and around 2270 for a similar house. Given these figures, it's vital to evaluate your long-term budget and lifestyle preferences to determine whether it’s more beneficial to rent or buy in this evolving market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Alpharetta, GA.
- Electricity Price: $15.53 USD (median by state)
- Natural Gas Price: $27.53 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Alpharetta, GA could entail higher utility costs. Electricity costs sit at $15.53, while natural gas is priced at $27.53 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Alpharetta is a financially viable option for your relocation.