Quality of Life in Atlanta, GA with an Annual Income of $113,840

Living in Atlanta, GA on an income of $113,840 provides a certain quality of life influenced by the cost of living, housing market, access to healthcare, and education options relative to the broader United States.

Cost of Living

• Overall Expenses: While Atlanta's cost of living is slightly higher than the national average, an income of $113,840 comfortably covers general expenses, including groceries, transportation, and entertainment.
• Transportation: Costs are moderate, with a reliable public transit system available but a car often necessary for commuting and errands outside the city center.
• Utilities: Utility costs align closely with national averages, contributing to manageable monthly expenditures.

Housing Market

• Median Home Price: As of 2023, the median home price in Atlanta is higher than the U.S. average, posing a significant consideration for potential homeowners.
• Rent Costs: Renting can be more affordable than homeownership, with rental prices for a two-bedroom apartment higher than national averages but balanced by the higher income bracket.
• Market Dynamics: The Atlanta housing market is competitive, with a steady demand affecting availability and pricing, but with options across a range of budgets.

Quality of Life

• Cultural and Recreational Opportunities: Atlanta boasts a vibrant cultural scene, with numerous museums, parks, and music venues, enriching the quality of life.
• Community and Lifestyle: The city's diverse population and neighborhoods provide a rich tapestry of community experiences and lifestyle choices.

Access to Healthcare

• Healthcare Facilities: Atlanta is home to several renowned hospitals and healthcare centers, offering high-quality medical services.
• Healthcare Costs: While healthcare costs in Atlanta can be higher than the national average, employer-provided health insurance benefits typically mitigate expenses.

Quality of K-12 Schools

• Public Education: The quality of public schools varies by district, with some areas offering highly rated schools and others needing improvement.
• Private and Charter Schools: The city offers a variety of private and charter schools, presenting alternatives to public schooling with diverse curricular options.

Summary

An annual income of $113,840 in Atlanta supports a comfortable quality of life with access to above-average amenities and services. While housing costs are a notable factor, especially for homebuyers, the city's vibrant cultural offerings, effective transportation options, and high-quality healthcare facilities