Personal Finance
Atlanta Metro Among Nation's Most Expensive For Moving
A report ranked the 25 metros that are the most expensive to move to based on moving costs and one month's rent. Here's where Atlanta ranks.
ATLANTA, GA — Given the large number of tech and manufacturing jobs in the region, there is a constant ebb and flow of people coming to the Atlanta metro. The Atlanta-Sandy Springs-Roswell metro area is among the priciest to move to in the nation, according to an analysis released last week. The folks at the personal finance site 24/7 Wall St. ranked the 25 most expensive metros to move to based on factors such as moving costs, a month's rent and security deposit.
The researchers used rental figures for three-bedroom housing units and equated a security deposit to a month's rent.
The Atlanta area ranked as the 22nd most expensive metro to move to, just ahead of Virginia Beach-Norfolk-Newport News in Virginia and behind the Colorado Springs metro in Colorado.
Find out what's happening in Sandy Springsfor free with the latest updates from Patch.
Here's the cost breakdown:
- Average total moving cost: $3,560
- One month's rent and deposit: $2,230
- Median Household income: $57,597
- Population change from migration from 2010-18: +6.0%
With an average total moving cost of about $5,800 and one month's rent and deposit of about $4,400, the most expensive metro in the nation is the San Jose-Sunnyvale-Santa Clara area in California. California, a notoriously expensive state for residents, was home to four of the five most expensive metros in the country for moving.
Find out what's happening in Sandy Springsfor free with the latest updates from Patch.
Here are the 10 metros that will set you back the most when it comes to moving, according to the analysis:
- San Jose-Sunnyvale-Santa Clara, CA
- San Francisco-Oakland-Hayward, CA
- Oxnard-Thousand Oaks-Ventura, CA
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- San Diego-Carlsbad, CA
- Bridgeport-Stamford-Norwalk, CT
- New York-Newark-Jersey City, NY-NJ-PA
- Los Angeles-Long Beach-Anaheim, CA
- Seattle-Tacoma-Bellevue, WA
- Boston-Cambridge-Newton, MA-NH
The researchers said estimated moving costs were within the most populated zip code in the major city of each metro area. Packing costs were not included in that estimate.
Patch national staffer Dan Hampton contributed to this report.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.