Most Expensive Cities to Live in Georgia 2023: There is a state known as Georgia that is located in the southeastern part of the United States.
This state is home to a number of significant cities, the most notable of which are Atlanta, Augusta, Columbus, and Savannah.
In point of fact, a number of cities in Georgia have been ranked among those that are the most expensive to live in anywhere in the world.
The relatively high cost of living in Georgia can be attributed to a variety of causes. The city’s robust economy, which features a large number of available positions, is one of the reasons.
Because Georgia is such a desirable location for people seeking new beginnings, there has been an uptick in the demand for housing as well as other types of products and services in the state.
The state also has a high cost of doing business, which brings us to our final point. Even though there are some advantages to living in a city with high housing costs, such as high-quality educational opportunities and a robust economy, the majority of people are unable to afford to do so.
In this piece, we’ll take a look at the ten cities in Georgia with the highest cost of living, as well as the factors that contribute to those cities’ high costs.
Most Expensive Cities to Live in Georgia
Median Home Price: $857K
Cost of Living: 143.6%
Population: 39,252 (2023)
The most desirable place to live in all of Georgia is Milton, which can be found in Fulton County, in the northern suburbs of Atlanta. Money magazine ranked it as one of the top places to live in Georgia and it has a population of more than 39,252 people (in the year 2020).
Residents of Milton have easy access to everything that Atlanta has to offer while still enjoying the ambiance of a small town. The city is home to schools that consistently rank near the top, a robust economy, and an abundance of parks and other opportunities for recreation.
What Makes Milton So Expensive?
It is well-known for the high prices of both its homes and its overall cost of living. The scarcity of available land is the primary factor contributing to the high cost of living. A little over 39,252 people call the town of Milton their home. Milton is a relatively small town. Because there is not enough land available to construct new homes and businesses, prices have not stopped increasing.
The fact that so many people living in Milton travel to Atlanta each day for work contributes to an increase in the price of transportation there. Additionally, Milton has some of the most expensive schools in the state, which contributes to the city’s already high cost of living overall.
2. Brookhaven (Most Expensive Cities to Live in Georgia)
Median Home Price: $696K
Cost of Living: 143.0%
Population: 54,727 (2023)
The city of Brookhaven, Georgia can be found in the northern part of the Atlanta metropolitan area. It is one of the wealthiest cities in the state and also one of the cities with the most rapid population growth. Residents of Brookhaven enjoy the feel of living in a small town while still having access to all of the conveniences and attractions of a large city.
The city’s schools are consistently ranked among the best in the nation, and it has a comparatively low rate of violent and property crimes. In addition, Brookhaven is home to a number of Georgia’s most acclaimed dining establishments and retail establishments.
What Makes Brookhaven So Expensive?
Brookhaven, Georgia is consistently ranked as one of the most expensive cities in which to make a home in the United States due to a number of different factors. The city’s real estate prices are driven up because of its close proximity to Atlanta, which is one of the largest metropolitan areas in the country.
The presence of a significant number of high-income families in Brookhaven has led to the development of a large number of luxury single-family homes and apartment complexes in the area. Home buyers are drawn to the city in large part due to the city’s low crime rate and its excellent schools.
3. Sandy Springs
Median Home Price: $680K
Cost of Living: 137.3%
Population: 108,180 (2023)
Anyone who has ever called Sandy Springs home will tell you without a doubt that it is the premier residential community throughout the state of Georgia. The city has everything that anyone could want, from excellent educational opportunities and dining options to a flourishing economy and a plethora of fun things to do.
Because there are so many parks and other activities geared toward children, Sandy Springs is an excellent location for raising a family.
In addition, the people who live in the city are warm and welcoming, making it simple to integrate and get a sense of belonging in the community.
What Makes Sandy Springs So Expensive?
The real estate market in Sandy Springs is well-known for its high prices. The typical cost of a home in Sandy Springs is now greater than $680,000. There are a number of aspects that combine to make Sandy Springs’ real estate market so competitively priced.
The location of Sandy Springs is one of the contributing factors. It is situated just to the north of Atlanta and is in close proximity to a number of major thoroughfares. Because of its location, it is an attractive place to live for commuters who want to be close to the city but also have some space that is exclusively theirs to call their own.
In addition, there is a shortage of land that can be purchased in the Sandy Springs area. Since the construction of the city began many years ago, there is very little land left that is suitable for the construction of new homes. As a result of this scarcity, prices have increased, even though demand is still exceeding supply.
4. Blue Ridge (Most Expensive Cities to Live in Georgia)
Median Home Price: $660K
Cost of Living: 92.5%
Population: 1,168 (2023)
There are a lot of factors that go into a person’s decision to settle down in a particular area. Some people may be looking for a city with a robust job market, while others may be looking for a city that offers reasonably priced housing and a diverse selection of opportunities for recreation.
Blue Ridge, Georgia is the ideal location to settle down in for those people who want the very best that life has to offer in every aspect.
This picturesque little town can be found nestled in the mountains of North Georgia, and it has something to offer each and every visitor. Hiking, mountain biking, fishing, and camping are just some of the activities that can be enjoyed in the area’s close-by hills and forests, which are known for their breathtaking natural scenery.
Additionally, Blue Ridge is home to a thriving arts community, complete with theaters and galleries that highlight the work of local artists. In addition, Blue Ridge is an outstanding location for conducting business.
What Makes Blue Ridge So Expensive?
It is common knowledge that the Blue Ridge Mountains of Georgia are among the most breathtaking landscapes in the United States and are highly desirable residential locations.
People are drawn to this area for a variety of reasons, including the picturesque mountain views and the charming small-town atmosphere. On the other hand, something that a lot of people don’t realize is that the cost of living in the Blue Ridge Mountains can be quite high.
When compared to the costs of living in other parts of Georgia, this region has a significantly higher overall cost of living. In point of fact, a study conducted by Forbes found that Blue Ridge is one of the locations in the United States that has the highest cost of living.
The scarcity of available land is the primary contributor to the high cost of living in this area. The fact that there is such a small amount of land that is suitable for development has resulted in significant price increases.
5. Johns Creek
Median Home Price: $650K
Cost of Living: 129.7%
Population: 84,551 (2023)
This city has been ranked highly among other contenders for the title of best place to live in the United States, and with good reason. The city of Johns Creek is known for its welcoming atmosphere, high quality educational institutions, abundant options for leisure activities, and robust economy.
What Makes Johns Creek So Expensive?
In Johns Creek, the median value of a home is $454,300, which is significantly higher than the national median value of $650,000 for a home. Additionally, Johns Creek has a cost of living that is noticeably higher than the average for the United States. One of the reasons for this is that there are not many options available for affordable housing in the city.
Another contributor to Johns Creek’s exorbitant housing costs is the city’s disproportionately high number of residents who are independently wealthy.
In point of fact, the median income of a household in Johns Creek is $125,862, which is more than twice the median income of the United States as a whole. Additionally, Johns Creek is home to some of the most prestigious educational institutions in all of Georgia.
6. Alpharetta (Most Expensive Cities to Live in Georgia)
Median Home Price: $650K
Cost of Living: 124.8%
Population: 66,566 (2023)
Fulton County, Georgia is home to the city of Alpharetta, which is located in that county. It lies to the north of Atlanta and is home to approximately 66,566 people at present.
Several publications have deemed Alpharetta to be the most desirable location to reside in all of Georgia. This is due, in part, to the high quality of its educational institutions, the low incidence of criminal activity, as well as the abundance of parks and opportunities for outdoor recreation.
In addition, Alpharetta has a thriving business community, and the region is home to a significant number of high-tech companies. The city is well-known for the quality of its dining establishments and the variety of shopping opportunities it provides.
What Makes Alpharetta So Expensive?
The cost of living in Alpharetta, which is located in Georgia, is consistently ranked among the highest in the United States. Living expenses in Alpharetta are 24% higher than the average for the United States as a whole. The high cost of living in Alpharetta can be attributed to a number of different aspects of the local economy.
The price of real estate in Alpharetta is significantly higher than the average in most other parts of the country, which is the first factor to consider. The cost of a home in Alpharetta, on average, is $650,000, which is significantly higher than the average cost of a home in the United States.
The second factor is that the costs of transportation are significantly higher in Alpharetta in comparison to the costs of transportation elsewhere. The price of gasoline in Alpharetta is $3.50 per gallon, which is 50 cents more than the average price across the country.
The third factor is that the cost of food is noticeably more expensive in Alpharetta than it is in other parts of the country. The cost of groceries in Alpharetta, on average, comes out to $2.75 per meal, which is 75 cents more than the average price paid across the country.
Median Home Price: $642K
Cost of Living: 132.2%
Population: 49,466 (2023)
A city known as Dunwoody, Georgia can be found in the city of Atlanta’s northern suburbs. Since its incorporation in 2008, it has steadily gained a reputation as one of the most desirable locations in which to make a home in the state of Georgia. The city has a population of approximately 49,466 people and provides its residents with the feeling of living in a small town while providing all of the amenities of a large city.
The Perimeter Mall, the Dunwoody Nature Center, and Ravine Flyer II, which is the longest mountain bike trail in the world, are just some of the best things to see and do in Dunwoody. In addition, the city is home to a significant number of Fortune 500 companies and possesses a superior educational system.
What Makes Dunwoody So Expensive?
People are moving to the area because of its high quality educational opportunities, its secure communities, and its convenient location. The high cost of living in Dunwoody is certainly a drawback of choosing to make your home there. In comparison to the national average, the cost of living in Dunwoody is approximately twenty percent higher.
Why, then, does living in Dunwoody cost so much? The price of housing is one factor to consider. The average price of a home in Dunwoody is $642,000, which is significantly higher than the median price of a home in the United States overall.
A high cost of living can also be expected in Dunwoody. The typical monthly rent for an apartment with one bedroom is $1,465, which is considerably higher than the average rent for all housing units across the country.
8. Roswell (Most Expensive Cities to Live in Georgia)
Median Home Price: $609K
Cost of Living: 125.5%
Population: 94,884 (2023)
Roswell has been ranked highly among the best places to live in the United States, and it is not difficult to understand why this is the case. It should come as no surprise that people are flocking to this city given that it has a low cost of living and a plentiful supply of job opportunities.
Because the rate of crime is so low in Roswell, the city is a good place to raise a family because of this. This city has something to offer every type of visitor, from wonderful dining establishments and retail establishments to stunning parks and hiking trails.
The city has a low overall crime rate, and its educational system is among the best in the country. The unemployment rate in the city is relatively low, contributing to the city’s robust economy. Parks, theaters, and restaurants are just some of the many opportunities for cultural and recreational activities that can be found in Roswell.
Residents of the city also take pleasure in a high quality of life thanks to the variety of high-quality housing and medical care options available to them.
What Makes Roswell So Expensive?
The Atlanta suburb of Roswell, Georgia is well-known for the high cost of living that it imposes on its residents. The national median home price of $374,900 is significantly higher than the median home price in Roswell, which is $609,000.
The robust economy in Roswell is one contributor to the city’s relatively high cost of living. The city’s population is increasing and its unemployment rate is relatively low. Due to the limited availability of land in Roswell, real estate prices are relatively high.
9. Tybee Island
Median Home Price: $597K
Cost of Living: 125.7%
Population: 3,094 (2023)
Tybee Island, which is located in Georgia, is a relatively small barrier island that is situated just 18 miles east of Savannah. It should come as no surprise that Tybee Island is frequently referred to as the “Jewel of the Coast” because of its sugar-white sand beaches, gin-clear waters, and easygoing vibe.
The island is home to a diverse selection of dining establishments, retail outlets, and lodging options, including numerous bed and breakfasts. On top of that, everything is easily accessible on foot thanks to the island’s compact size.
Fishing, kayaking, paddleboarding, and birdwatching are just a few of the many enjoyable activities that can be enjoyed outside on Tybee Island. In point of fact, the island is home to one of the greatest concentrations of sea turtle nesting grounds in all of North America.
What Makes Tybee Island So Expensive?
Tybee Island in Georgia is a well-known destination for vacationers, and it is located just east of Savannah. The island is home to a multitude of attractions, some of which include a sizable beach, pier, and numerous dining options. In addition to that, the cost of living there is among the highest in all of Georgia.
There are a number of factors that contribute to Tybee Island’s relatively high cost of living. The island’s status as a popular tourist destination is the primary explanation for this phenomenon. This results in an increase in the prices of other goods and services, including housing.
The second justification for this is the fact that the only way to get to Tybee Island is by car or boat. Because of this, transporting goods to the island becomes more expensive, which in turn drives up the cost of living for those who live there.
10. Greensboro (Most Expensive Cities to Live in Georgia)
Median Home Price: $582K
Cost of Living: 122.9%
Population: 3,350 (2023)
This charming town can be found in the middle of the state and has something to provide residents of all walks of life.
Greensboro is a wonderful place to call home for a variety of reasons, including its lively downtown district as well as its lush parks and trails. The locals are warm and welcoming, and there is never a dull moment when it comes to the community’s rich and varied array of activities.
A little more than 5,000 people call this town home, and it is the location of a variety of different companies and industries. Greensboro is a great place to live if you’re looking for peace and quiet because it’s surrounded by beautiful countryside, which makes it a great place to raise a family.
What makes Greensboro so expensive?
The primary reason for this is that property can command very high prices. The typical cost of a house in Greensboro comes in at $582,000 today. This is considerably higher than the median household income across the country, which is $374,900.
The fact that everyday necessities such as food and utilities come at a premium also contributes to the overall high cost of living. In Greensboro, the typical cost of a pack of cigarettes is $7.00 and a gallon of milk costs $3.49. The average price of a pack of cigarettes is also $3.00.
Even though it has a relatively high cost of living, Greensboro is a very desirable place to live because it is both a beautiful city and has the feel of a small town.
Most Expensive Cities to Live in Georgia:Newshub360.net