Cost of Living in Cumming, GA
Housing
The housing market plays a significant role in determining the cost of living in Cumming, GA.
- Housing Index: 120.5 / 100
- Median Home Price is: $389,000
- Average Rent (2 BR Apartment): $2226 per month
- Average Rent (2 BR House): $2419 per month
Considering a move to Cumming, GA? With a housing index of 120.5, it paints a favorable picture for affordability compared to the national average. The median home price is reasonable at 389000, making home ownership a viable option. Additionally, if you're looking to rent, expect to pay around 2226 for a 2-bedroom apartment or 2419 for a 2-bedroom house. Keep in mind that this area blends affordability with potential growth, making it worth considering for your next chapter. Evaluate your needs and preferences against these figures.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cumming, 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 Cumming, 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 Cumming is a financially viable option for your relocation.