Cost of Living in Fairburn, GA
Housing
The housing market plays a significant role in determining the cost of living in Fairburn, GA.
- Housing Index: 94.5 / 100
- Median Home Price is: $340,000
- Average Rent (2 BR Apartment): $2067 per month
- Average Rent (2 BR House): $2247 per month
When considering a move to Fairburn, GA, the current housing data reflects a unique scenario. The housing index sits at 94.5, indicating either a nascent market or one yet to experience traditional price fluctuations. With a median home price of 340000, homeownership may be accessible. However, the absence of rental data for 2-bedroom apartments and houses suggests fluctuating rental dynamics or inventory shortages. It's crucial to closely monitor local market trends and forecasts to better assess living costs, especially if rentals are part of your planning strategy.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fairburn, GA.
- Electricity Price: $15.53 USD (median by state)
- Natural Gas Price: $27.53 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $226 per month
Living in Fairburn, GA could entail higher utility costs. Electricity costs sit at $15.53, while natural gas is priced at $27.53 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $226 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Fairburn is a financially viable option for your relocation.