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71% is still pretty high no matter what but putting it into context, Atlanta is still extremely affordable. I'd say it's pretty much one of the very few affordable large cities in the country right now which is why so many people are moving to it.
I believe the article stated the median 1BR rent in Atlanta is $1,400. Compared to SF, it's cheap, but for a Southern city, it just seems exceptionally high.
San Francisco is already sky high expensive. Atlanta isnt. As such, Atlanta has a lot more room to climb. San Francisco can only go so far before the bubble pops.
Basically what I was trying to say. Atlanta rents have definitely gone up, but its nowhere near the “ill just live in this closet” level that SF and NYC are in. Overall ATL cost of living is still pretty good.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
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Quote:
Originally Posted by Serious Conversation
I believe the article stated the median 1BR rent in Atlanta is $1,400. Compared to SF, it's cheap, but for a Southern city, it just seems exceptionally high.
Wow, median one bedroom is now $1,400/month in Atlanta? More expensive than here. Our Median is just over $1,000/month; and we pay $1,355/month for a premium unit right downtown and on the rail plus 2 bus lines
Wow, median one bedroom is now $1,400/month in Atlanta? More expensive than here. Our Median is just over $1,000/month; and we pay $1,355/month for a premium unit right downtown and on the rail plus 2 bus lines
Atlanta is going to be more expensive than Phoenix though. Phoenix is very affordable. I think I saw about 8% COL difference.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
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Quote:
Originally Posted by Cowboys fan in Houston
Atlanta is going to be more expensive than Phoenix though. Phoenix is very affordable. I think I saw about 8% COL difference.
It's not affordable for what wages are here though. An article in yesterday's AZ Republic said that we are now the 9th least affordable metro in the country for rent to wage ratio
Basically what I was trying to say. Atlanta rents have definitely gone up, but its nowhere near the “ill just live in this closet” level that SF and NYC are in. Overall ATL cost of living is still pretty good.
That includes wages?
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