If you’re considering a move, Sandy Springs, located in the iconic and always popular Fulton County, is worth a closer look. Just north of Atlanta, this city perfectly balances serene suburban living and easy access to the big city’s amenities.
Sandy Springs is a fantastic spot for young professionals and families. With a booming job market and excellent schools, it’s a great place to advance your career while providing a top-notch education for your kids.
Sandy Springs has much to offer for retirees or those looking for a quieter lifestyle. The city is known for its beautiful parks, walking trails, and a strong sense of community. Plus, the healthcare facilities here are excellent, so you can enjoy peace of mind knowing you’re well cared for.
As you can see, Sandy Springs is a perfect place for all generations! There is something for everyone in Sandy Springs, so it’s no wonder it has become such a popular destination. This brings us to the most critical and often-asked question: How much money do you need to live comfortably in Sandy Springs?
Is it expensive to live in Sandy Springs?
Sandy Springs can be relatively expensive compared to the national average. The cost of housing is high, with median home prices above the national median.
Additionally, overall living expenses, including groceries, healthcare, and transportation, tend to be higher in this region than in other areas of the country. However, the quality of life, access to amenities, and proximity to Atlanta contribute to these costs.
What is the average cost of utilities in Georgia?
The average monthly cost of utilities in Georgia is approximately $300 to $400. This includes expenses for electricity, gas, water, and trash collection. However, costs can vary depending on the size of the home, usage, and specific location within the state.
Of course, these are just average and approximate costs. The prices can vary from one household to another. Home size, energy efficiency, and local rates can influence these expenses.
How do Sandy Springs' costs compare to other U.S. cities?
As of 2024, living costs in Sandy Springs, Georgia, are higher than the national average but vary compared to other U.S. cities. Here’s a detailed breakdown:
- Housing Costs: The median home price in Sandy Springs is about $600,000, which is significantly higher than the national median of approximately $400,000. This places Sandy Springs in a higher tier than many other cities nationwide.
- Utilities: Monthly utility costs in Sandy Springs average between $300 and $400, which is relatively typical for suburban areas but can be higher than in smaller or less affluent cities.
- Overall Cost of Living: Sandy Springs’s cost of living is about 20-30% higher than the national average. Its proximity to Atlanta, strong local economy, and high-quality amenities influence this.
New York City and San Francisco have much higher costs, particularly in housing.
Dallas and Atlanta are comparable in overall expenses, though Sandy Springs is slightly more expensive due to its suburban setting and desirable location.
Housing costs in Sandy Springs
As of early 2024, the median home price in Sandy Springs is indeed around $625,700. This is approximately 85.1% higher than the national median of $338,100 and about 103.0% higher than the average home price in Georgia, which is around $308,200.
What does this mean for the average rent prices in Sandy Springs? The average rent for a two-bedroom apartment in Sandy Springs is about $2,000 monthly. Of course, this, too, can vary depending on the particular area and overall state of an apartment. You can find a place worth around $1,500 if you are lucky. Ultimately, this is approximately 39.9% more than the national average rent of $1,430 and 36.0% higher than the state average rent of $1,280.
You can always check sites like Zillow and Redfin.
Water costs in Sandy Springs
Important news about the water cost in Sandy Springs: Fulton County’s Board of Commissioners has approved a 5% increase in combined water and sewer rates starting January 1, 2023.
Additional rate hikes started on January 1, 2024, and will continue on January 1, 2025. These increases will support ongoing enhancements to the county’s water and wastewater infrastructure, ensuring continued delivery of top-quality services to residents.
Internet costs in Sandy Springs
In Sandy Springs, Xfinity offers the most budget-friendly internet plans, with speeds up to 75 Mbps available for $35 per month. T-Mobile provides a competitive alternative, delivering 245 Mbps for $40 monthly. For a small additional fee of $5 or $10 per month, the second-tier plans from various ISPs offer better value, often providing significantly more speed for a modest increase in cost.
Electricity costs in Sandy Springs
The average monthly electricity cost in Sandy Springs, Georgia, is approximately $150 to $200. This range reflects typical charges for an average-sized home, but actual costs can vary based on usage, home size, and energy efficiency.
Electricity costs in Sandy Springs can vary depending on several factors, including the size of the home, the number of occupants, and the energy efficiency of appliances. Seasonal variations can also impact costs, with higher expenses during the summer months due to increased air conditioning use.
What influences the cost of living in Sandy Springs?
Several key factors influence the cost of living in Sandy Springs:
- Housing costs: As a desirable suburban area near Atlanta, housing prices significantly contribute to the cost of living. The availability of housing, property taxes, and demand for real estate can drive costs up.
- Utilities and services: Utility rates, including electricity, water, and gas, impact the overall cost of living. Additionally, the quality and availability of local services can affect expenses.
- Transportation: Proximity to major roads, public transportation options, and fuel prices influence commuting costs and living expenses.
- Local taxes: Sales, property, and other local taxes contribute to the cost of living. Higher tax rates can increase the overall expense of residing in the area.
- Goods and services: The prices of everyday goods and services, including groceries, healthcare, and entertainment, determine the cost of living.
Is Sandy Springs Affordable?
Sandy Springs, GA, is relatively expensive compared to national averages. The median home price here is about higher than the national median, while monthly rents are approximately 45.7% above average. Despite these higher costs, the area’s median household income is around 46% higher than the national median. While income levels are above average, the overall cost of living and housing in Sandy Springs remains significantly elevated.
Affordable Places to Live in the Sandy Springs Area
Discover budget-friendly neighborhoods near Sandy Springs with these top picks:
- Dunwoody: Just north of Sandy Springs, Dunwoody offers affordable housing options and convenient amenities.
- Roswell: Known for its charm and good schools, Roswell provides a range of affordable housing and a family-friendly atmosphere.
- Brookhaven: This nearby area combines affordability with proximity to urban conveniences, making it a popular choice for those seeking a balance of cost and convenience.
- Chamblee: A bit farther out, Chamblee boasts lower living costs while close to Sandy Springs and major transportation routes.
A community for everyone - That is the core of Sandy Springs
At the heart of Sandy Springs is a commitment to inclusivity and community. Whether you’re a young professional, a growing family, or enjoying retirement, Sandy Springs offers a welcoming environment where everyone can thrive.
What makes Sandy Springs truly special is the way it brings people together. Local events, farmers’ markets, and festivals create a warm, friendly atmosphere where everyone feels welcome. The mix of natural beauty and modern conveniences, which Georgia is quite famous for, makes it a great place to live, regardless of age.
Sandy Springs is the perfect place to build lasting connections and enjoy a high quality of life. Discover why so many people choose to make Sandy Springs their home, where everyone is embraced and valued. We will help you with your transition and make it seem seamless. Our movers are here to help you!