The housing market plays a significant role in determining the cost of living in Roswell, GA.
Considering a move to Roswell, GA? The housing index currently stands at 115.0, indicating the area is above the national average. With a median home price of 442500, coupled with average rents of 2200 for a 2-bedroom apartment and 2245 for a 2-bedroom house, this location presents a competitive but potentially limiting rental market. Note that this locality may be attractive for higher-income earners or those looking for a vibrant community atmosphere but could be challenging for first-time homeowners. Ensure to balance your budget with local amenities and your lifestyle preferences.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Roswell, GA.
Living in Roswell, 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 Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Roswell, GA, consider the following factors: