Quality of Life in Atlanta, GA for an Income of $120,960 Per Year

Overview of Cost of Living

• Above Average Income: A salary of $120,960 is substantially higher than the median household income in Atlanta, which is approximately $64,179 according to recent data.
• Cost of Living Index: Atlanta's cost of living is slightly above the national average, driven primarily by housing and transportation costs.
• Utilities and Groceries: These expenses are generally in line with national averages, meaning everyday costs are manageable on this income.

Housing Market

• Median Home Price: As of the latest statistics, the median home price in Atlanta is around $400,000, which is above the national median but still reasonable compared to other major cities.
• Affordability: With an annual income of $120,960, homeownership is feasible without overly stretching finances, allowing for a comfortable mortgage payment.
• Rental Market: Choosing to rent can also be a viable option, with average rent prices that are more affordable relative to income.

Quality of Life

• Entertainment and Culture: Atlanta offers a vibrant cultural scene with festivals, music, art institutions, and a diverse culinary offering.
• Transportation: While public transit is available, many residents rely on cars, contributing to commute expenses and times.
• Community and Neighborhoods: The city encompasses a range of neighborhoods, from historic to contemporary urban areas, each offering distinct community vibes.

Access to Healthcare

• Healthcare Facilities: Atlanta is home to some top-rated hospitals and medical professionals, providing high-quality healthcare services.
• Insurance Coverage: With a substantial income, securing comprehensive health insurance is feasible, which ensures access to these services.

Quality of K-12 Schools

• Public Schools: Variable quality, with some schools highly rated and others facing challenges; geographic areas within Atlanta can dictate the level of educational quality.
• Private and Charter Schools: There are abundant options for private and charter schools, providing alternatives for families seeking specific educational environments.

Assessment

Living in Atlanta, GA, with an annual income of $120,960 provides a comfortable lifestyle above the median markers for the area. The housing market, while more expensive than some parts of the country, is manageable within this salary range. The city's cultural offerings, decent public services, and good healthcare access contribute positively to the overall quality of