Quality of Life for a $123,920 Salary in Atlanta, GA
Understanding the quality of life for an individual earning $123,920 annually in Atlanta, GA, involves examining the cost of living, housing market, access to healthcare, and the quality of K-12 schools in comparison to the broader United States.
Cost of Living
- General Cost Index: Atlanta's overall cost of living is slightly higher than the national average but is considered affordable compared to other major U.S. cities.
- Expenses:
- Groceries and Dining: Costs are fairly moderate, aligning closely with national averages.
- Utilities: Prices for utilities, including electricity, water, and gas, are relatively stable and not significantly above average.
- Transportation: With a robust public transportation system, costs can be kept in check, though many residents rely on their own vehicles.
Housing Market
- Median Home Price: The median home price in Atlanta is higher than some parts of the U.S. but remains lower than other major metropolitan areas.
- Rental Market: Renting is a popular option, with competitive prices that compare favorably to many large cities.
- Affordability: A salary of $123,920 provides reasonable comfort for both renters and homeowners, allowing for good quality housing without excessive financial strain.
Quality of Life
- Cultural and Recreational Opportunities: Atlanta offers a vibrant cultural scene, with plentiful museums, theaters, and outdoor activities.
- Safety: Crime rates in Atlanta vary by neighborhood, but many areas are safe and family-friendly.
- Climate: Mild winters and hot summers provide a balanced climate for outdoor enthusiasts.
Access to Healthcare
- Healthcare Facilities: Atlanta is home to several top-tier hospitals and medical centers, ensuring access to quality healthcare services.
- Insurance and Costs: With a high salary, most healthcare needs, including premiums and out-of-pocket expenses, are manageable.
Quality of K-12 Schools
- Public Schools: Quality varies across districts, with some schools excelling while others may need improvement.
- Private and Charter Schools: Numerous options exist, offering diverse curricula and specialized programs.
- Educational Investment: Families often have the flexibility to choose schools that best fit their children's needs due to their income level.
Assessment
An individual in Atlanta, earning $123,920 per year, enjoys a quality