Cost of Living in Belvedere Park, GA

With a cost of living index of 100, Belvedere Park, GA is right around the national average in cost. Living here is 0% cheaper than the national average and 18% above the Georgia state average of 82. Belvedere Park is a smaller community of 14,422 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Belvedere Park's cost of living. The median monthly rent is $1,414 (7% above the US median of $1,319), and the median home value sits at $266,000 (13% below the national median of $304,900). At current prices, the median home costs roughly 3.9x the median household income — a moderately affordable ratio by today's standards.

The median household income in Belvedere Park is $68,900, which is 8% lower than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Belvedere Park. The area sees an average annual temperature of 61.5°F, with summers averaging 78°F and winters around 44°F. Annual rainfall totals 51.4 inches spread over roughly 128 days.

Everyday prices in the Atlanta-Sandy Springs-Roswell, GA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.