Housing costs in Gainesville?
A typical home costs
$330,400, which is 2.3% less expensive than the national average of
$338,100 and 7.2% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Gainesville costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$1,280.
Can I afford Gainesville?
To live comfortably in Gainesville, Georgia, a minimum annual income of
$63,360 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Gainesville?
Gainesville, GA is very affordable when it comes to the cost of living. The median home price is $186,400 which is much lower than the national average of $231,200. Renters also benefit from living in Gainesville with an average rent of $1,117 per month - slightly below the national average of $1,195 per month. Food and groceries are also relatively inexpensive in Gainesville compared to other cities in Georgia. The monthly cost for basic utilities (including electric) averages around $163 which is lower than the U.S. average of $171. In general, there are a lot of great deals to be had in this area for those looking for a more affordable place to live.