If the crazy high costs of living and the fast pace of New York City are starting to get to you, and you’re wondering if moving to another place will do your budget some good, have you considered Atlanta, Georgia? How much can you save moving to Atlanta from NYC? What are the key differences between the two cities, and why do so many people choose to make this long-distance move? Let’s compare the financial aspects of Atlanta vs New York.
Moving to Atlanta from NYC
How Far is Atlanta From New York City - How Different Are They?
Even though these cities are on the same coast and only around 745 miles apart, they are very different. The Big Apple leads a fast-paced, flashy, and loud lifestyle, while Atlanta is much more subdued. Atlanta is more family-friendly and laid back, offering more safe areas, endless opportunities, and fun things to do. However, the most significant difference between these two East Coast cities lies in their living costs. Let’s compare the two, shall we?
How Much Can You Save Moving to Atlanta from NYC?
Being more affordable than New York City, the most expensive city in the US, is not a challenge. The high cost of living in the Big Apple is why so many people move to Atlanta or other more affordable areas. The cost of living in Atlanta, GA, is significantly lower, and with everything this city offers, it’s truly a steal. Let’s see how these two cities compare in the most critical areas.
Take Advantage of Significantly Lower Housing Prices
If you were to ask any resident of New York what bugs them most about their hometown, 99% of them would probably say the crazy housing situation. NYC is considered one of the worst cities for real estate prices and rents, as much as 228% higher than the national average.
Atlanta has much lower housing prices, making it a desirable option for those moving from NYC. Those looking to buy a place will notice a much more significant difference than those looking to rent. But even the renting prices are a lot more affordable, as you can rent a multiple-bedroom apartment in Atlanta, at a great location, for the same price you would get a small studio apartment away from the center of NYC.
What is the Difference Between Taxes and Income?
You will be happy to know that there is a big difference in the average livable wage Atlanta and NYC offer. Even though the cost of living in NYC is much higher (over 50%) than in Atlanta, the average salary is lower. This shows you that the overall quality of life is better in Atlanta.
For example, an average yearly salary in NYC is around $51,000, while the average salary in Atlanta is approximately $70,000. A salary of $70,000 in Atlanta is worth around $160,000 in NYC to maintain the same lifestyle.
When it comes to taxes, you won’t save much on sales taxes, but you will be glad to know that the income tax in NYC is around 10%, while Atlanta has an income tax of 5.8%.
You Will Save a Fortune on Food Costs
New York City is known as one of the most expensive places to live, and food costs are no exception. The average amount one person spends on groceries per month in NYC is around $480, while Atlanta stays below the national average at around $312. The situation gets even worse if you decide to dine out.
NYC is home to some of the best restaurants in the world. Unfortunately, they come at a steep price. Atlanta also has an excellent restaurant scene; the great news is that it’s much more affordable. For a dinner that costs around $100 per person in NYC, you can get a similar experience in Atlanta for half the price.
Everything You Should Know About Transportation
In today’s world, where the chances of your job being around the block are pretty slim, good transportation options should be at the top of your list when searching for a new place to live. NYC is notorious for its extensive and accessible public transportation options. From the 36 subway lines and bus services that will take you anywhere you want to go quickly and efficiently, the public transit system in New York City is among the best.
That said, people rarely choose to drive cars in NYC – most people prefer the subway as there is minimal parking space, and traffic jams are prevalent. On the other hand, most people in Atlanta own their vehicles, which they use to commute.
Public transportation is still available and efficient, but it is different from the public transit in NYC. The only advantage of public transport in Atlanta is that it’s cheaper than NYC. Fuel is also cheaper in Atlanta, averaging around $3 per gallon, while a gallon of gasoline in NYC will cost you about $3.25.
Hiring Professional Movers to Help You is the Best Investment
If you decide to move from the Big Apple to the less noisy city of Atlanta, your home budget will be very helpful! However, such a big transition requires professional help, so you must set aside money for moving expenses to hire movers. Think of it as a valuable investment, allowing you to move efficiently without stress.
All you will have to do to prepare for your move is focus on finding a reliable moving company such as Zip Moving and Storage, after which you can sit back and relax and leave all the heavy lifting to professionals. So, contact us and ensure a smooth transition into your new life in Atlanta, Georgia!
