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Study Puts ‘Comfortable’ Living in Metro Atlanta at $112,700 a Year

The estimate applies the 50/30/20 budget rule to local housing costs to gauge what a typical single earner would need.

Overview

  • GoBankingRates ranks Atlanta No. 17 among the 50 largest U.S. metros for income needed to live comfortably.
  • The model assumes an average single-family home price around $450,000 with an estimated $2,521 monthly mortgage in the area.
  • Atlanta receives a livability score of 78 out of 100 in the analysis.
  • San Jose ranks as the most expensive at about $264,946 a year, while Detroit is lowest at roughly $65,733.
  • Nearby comparisons include Nashville at $110,783, Charlotte at $103,365, Jacksonville at $89,876, and Memphis at $66,177, with the study finding that most big cities now require six figures.