Cost of Living in Fayetteville, GA
Housing
The housing market plays a significant role in determining the cost of living in Fayetteville, GA.
- Housing Index: 94.5 / 100
- Median Home Price is: $385,000
- Average Rent (2 BR Apartment): $2221 per month
- Average Rent (2 BR House): $2414 per month
Analyzing the housing situation in Fayetteville, GA, it appears that the housing index stands at 94.5, suggesting a lack of affordability data for renters. The median home price of 385000 indicates a relatively stable market for homebuyers. However, with the absence of average rents for both 2BR apartments and houses, potential residents may find it challenging to assess their rental options. It's essential to consider local amenities, job opportunities, and the overall cost of living when deciding on a move, as these factors could significantly influence your housing experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fayetteville, 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 Fayetteville, 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 Fayetteville is a financially viable option for your relocation.