Cost of Living in Gainesville, FL

Housing

The housing market plays a significant role in determining the cost of living in Gainesville, FL.

• Housing Index: 90.0 / 100
• Median Home Price is: $297000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1280 per month

In Gainesville, FL, you'll find a housing index of 90.0, which reflects a competitive yet affordable market. The median home price stands at 297000, making it an appealing option for prospective homeowners. Renters can expect to pay an average of 1200 for a 2-bedroom apartment or 1280 for a 2-bedroom house. This indicates a balanced housing market, providing options for different living preferences. Housing markets vary significantly by neighborhood, so ensure to explore diverse areas within Gainesville for the best fit.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Gainesville, FL.

• Electricity Price: 13.89 USD (median by state)
• Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $150 per month

Living in Gainesville, FL could entail higher utility costs. Electricity costs sit at 13.89, while natural gas is priced at 26.13 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 150 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $43783

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Gainesville, FL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.