Are you planning on moving or retiring to Norcross, GA? This historic city in Georgia, known for its vibrant arts and cultural scene, makes it a standout destination for prospective residents and retirees who want to embrace a cultural lifestyle. But before you lay out your plan, let’s discuss the cost of living in Norcross, GA, and how it stacks up to the rest of Georgia.
Understanding the cost of living will help you make informed decisions that align with your financial budget and achieve a stable and comfortable lifestyle in your new home.
Breaking Down the Cost of Living in Norcross, GA
Housing costs
Housing is often the most significant expense when moving or retiring to a new location. In Norcross, the average cost of a home is $332,999, which is approximately 0.55% lower than the housing cost in Georgia at $334,819.
How does it compare to the rest of Georgia? Norcross has a lower average housing cost than its bigger neighbors, Marietta, Lawrenceville, and Atlanta. The average housing cost in Lawrenceville is $393,890, followed by Atlanta with $402,247 and Marietta with $480,122 for all home types.
Meanwhile, renting in Norcross is less expensive, with a median rent of $1,895 for all property types. For studio properties, the rent can go as low as $1,337 and as high as $2,521 for properties with more than four bedrooms.
Food
For food expenses, groceries and food in Norcross are 4.7% lower than the national average. Additionally, food is more affordable in Norcross than in other Georgia cities. Food and groceries like meat, fruits and vegetables, milk and eggs, bread, ground beef, sugar, and coffee are 0.5% to 3.5% higher in Lawrenceville, Marietta, and Atlanta.
Utilities
Norcross still stands out as the affordable option for utilities and electric bills, with an average cost of $129.43 for a typical electric bill. For reference, the U.S. average is $145.01, while other cities in Georgia cost $130 and above.
Healthcare costs
Norcross is slightly less expensive for healthcare than other Georgia cities. Norcross scored 84.5 in insurance cost, approximately 18.35% lower than the national average. The cost of procedures and surgeries in Norcross is scored at 97 out of 100 compared to the U.S. Furthermore, the cost of major procedures, including doctors and hospital stays, ranges between $17,137 and $22,377 in Norcross, GA.
Care That Goes Beyond
Enrich Senior Living fosters an environment of purpose and independence for seniors. We strive to provide every resident with the best possible quality of life. Click here to learn about our customized services, or click here to contact our team.
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