Introduction
Roswell, GA, is known for its historic charm, excellent quality of life, and proximity to Atlanta. If you’re considering moving to Roswell in 2024, it’s important to understand the cost of living. This comprehensive guide will cover various aspects of the cost of living in Roswell, including housing, utilities, groceries, transportation, healthcare, and more. Let’s dive in and explore what it takes to live comfortably in Roswell, GA.
Housing Costs in Roswell, GA
Buying a Home
In 2024, the real estate market in Roswell remains competitive, with home prices continuing to rise. The median home price in Roswell is around $500,000, which is higher than the national average but reflective of the city’s desirability and amenities.
Factors Influencing Home Prices
- Location: Proximity to top-rated schools, parks, and commercial centers can significantly impact home prices.
- Home Size and Features: Larger homes with modern amenities and upgrades typically command higher prices.
- Market Conditions: Supply and demand, interest rates, and economic factors play a role in home pricing.
Renting a Home
For those not ready to buy, renting is a popular option. The average rent for a one-bedroom apartment in Roswell is approximately $1,500 per month, while a three-bedroom house can rent for around $2,500 per month.
Popular Rental Areas
- Historic District: Known for its charm and walkability.
- East Roswell: Offers modern apartments and close proximity to amenities.
- North Roswell: Family-friendly with spacious rental homes.
Utilities and Services
Electricity and Gas
Utility costs in Roswell are in line with national averages. The average monthly electricity bill for a typical household is around $150, while natural gas bills average about $100 per month.
Water and Sewer
Water and sewer services are provided by the City of Roswell. The average monthly water bill is approximately $40, while sewer charges are around $30 per month.
Internet and Cable
High-speed internet and cable services are widely available in Roswell. The average cost for internet service is about $70 per month, while cable packages can range from $50 to $150 per month, depending on the level of service.
Grocery and Food Costs
Grocery Stores
Roswell has a variety of grocery stores, from national chains like Publix and Kroger to local markets and specialty stores. The cost of groceries in Roswell is slightly higher than the national average, reflecting the city’s overall cost of living.
Average Grocery Prices
- Milk (1 gallon): $3.50
- Bread (1 loaf): $2.50
- Eggs (dozen): $2.75
- Chicken Breast (1 lb): $4.50
- Apples (1 lb): $1.75
Dining Out
Roswell offers a diverse dining scene, from casual eateries to fine dining restaurants. The cost of dining out varies based on the type of restaurant:
- Fast Food: $8 – $12 per meal
- Casual Dining: $15 – $25 per person
- Fine Dining: $40 and up per person
Transportation Costs
Owning a Car
Most residents of Roswell rely on their own vehicles for transportation. The average cost of owning a car includes fuel, insurance, maintenance, and registration:
- Fuel: Gas prices in Roswell average around $3.00 per gallon.
- Insurance: The average annual car insurance premium is approximately $1,200.
- Maintenance: Routine maintenance costs around $500 per year.
- Registration: Vehicle registration fees are about $20 per year.
Public Transportation
Roswell is served by the Metropolitan Atlanta Rapid Transit Authority (MARTA), providing bus and rail services. The cost of a monthly MARTA pass is $95, offering an affordable alternative to driving.
Healthcare Costs
Health Insurance
Health insurance costs in Roswell vary depending on the provider and plan. On average, individual health insurance premiums are around $400 per month, while family plans can cost upwards of $1,200 per month.
Medical Services
Roswell is home to several top-rated hospitals and healthcare facilities. The cost of medical services includes:
- Doctor’s Visit: $100 – $150
- Specialist Visit: $200 – $300
- Emergency Room Visit: $1,000 and up
- Prescription Medications: $10 – $100 depending on the medication
Education Costs
Public Schools
Roswell’s public schools are part of the Fulton County School District, known for its high-quality education. While public schools do not charge tuition, there may be additional costs for supplies, extracurricular activities, and transportation.
Private Schools
Roswell also offers a variety of private school options. The average annual tuition for private schools ranges from $10,000 to $20,000.
Higher Education
For those pursuing higher education, Roswell is near several colleges and universities, including Georgia State University and Kennesaw State University. Tuition costs vary by institution and program.
Recreation and Entertainment
Parks and Recreation
Roswell boasts numerous parks and recreational facilities, offering residents plenty of options for outdoor activities. Most parks are free to enter, but some facilities may charge nominal fees for specific activities.
Fitness and Gyms
Gym memberships in Roswell range from $30 to $100 per month, depending on the amenities and services offered. Many gyms offer discounts for long-term commitments or family memberships.
Entertainment
Entertainment costs in Roswell vary widely based on preferences. Movie tickets cost around $12, while a night out at a concert or theater can range from $30 to $100 per ticket. The city also hosts numerous free community events and festivals throughout the year.
Conclusion
The cost of living in Roswell, GA, in 2024 is reflective of its high quality of life and desirable location. While housing and healthcare costs are above the national average, other expenses such as transportation and groceries remain reasonable. Understanding these costs will help you plan and budget effectively, ensuring you can enjoy all that Roswell has to offer. Whether you’re moving to Roswell for work, family, or a change of scenery, this comprehensive guide provides the insights you need to make an informed decision.
