Deciding where to build your future can be a challenge for young adults, who need to find a place that offers a combination of employment opportunities and social activities, while being affordable. Of course affordability includes the ability to buy Atlanta real estate as a first time homebuyer.

Kiplinger.com researched this topic and identified 10 Great Cities for Young Adults and Atlanta made the list!

To make the list, a city didn’t necessarily just have to be cheap; it had to offer its young adult residents a value: a low cost of living and reasonable rents relative to paycheck size, along with plenty of things to do and a hefty concentration of other young adults to do them with.

Atlanta scored high for its Southern hospitality and low cost of living (great prices and deals for first time homebuyers), combined with above-average paychecks, great opportunities for employment with leading corporations (with the third-largest number of Fortune 500 companies in the U.S., such as Home Depot, UPS and Coca-Cola, all who tend to pay well) and world-class cultural and nightlife opportunities.

Young, college-educated Atlantan’s salaries top the national average by $1,400 annually and twenty-something Atlantans enjoy plenty of hip, happening neighborhoods like Little Five Points and the Virginia-Highlands area.

According to the report, nearly 14 percent of Atlanta’s residents are ages 20-29, monthly rents average $897 and starting salaries average $43,300. The city’s cost of living score is 97.5, below the national average of 100.

Leave a Reply

Your email address will not be published. Required fields are marked *