How much does a luxury apartment in Atlanta cost?
It might seem crazy, but it’s true: It’s not cheap to live in Atlanta.
That’s according to a new report from Atlanta luxury magazine Atlas.
But what is it exactly?
According to the magazine, the average monthly rent in Atlanta is $1,200 and that includes utilities.
That means the average person pays $1.6, or about half of what it costs to rent an apartment in New York City.
And, for a more realistic look at the actual price tag, the magazine said the average rental in Atlanta can be as much as $1 million.
To put that into perspective, that would cost about $4,400 a year for a family of four in New Orleans.
That figure is up from $1 and a half in 2016.
In New York, it costs $1 per square foot and for a four-person household it’s $2,000 a month.
And the average apartment in Manhattan costs $3,300 a month, according to the data.
Atlas said Atlanta is the second-most expensive place in the U.S. for a luxury home, after Los Angeles.
The average price for a one-bedroom apartment in the Atlanta metro area is $2.2 million, Atlas said.
That is nearly $1 for every person living in the metro area.
In Brooklyn, it’s more like $1 billion.
The city has the highest number of expensive homes per capita, Atlas noted.
In Queens, the number is slightly less, at about $1 a square foot.
The highest median price in the city is $632,000 in Brooklyn, Atlas found.
The median price of a condo in New Jersey is about $6 million, and the average price in Manhattan is about half that.
And while that may seem high, it actually isn’t much more expensive than the median for the average home in Los Angeles, which is $5,500 a month or $3.7 million a year.