Cost of Living in Gainesville, TX

Housing

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

  • Housing Index: 0.0 / 100
  • Median Home Price is: $211000
  • Average Rent (2 BR Apartment): $0.0 per month
  • Average Rent (2 BR House): $0.0 per month

Considering a move to Gainesville, TX? With a population of and a median age of , this community presents a youthful yet stable environment. The median income stands at , but a notable % of residents live below the poverty line, indicating some economic challenges. The rate of married families is relatively low at %, suggesting a diverse demographic. Additionally, an unemployment rate of % may impact local job opportunities. Evaluate your priorities, as this city offers a blend of potential and hurdles for newcomers.

Utilities

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

  • Electricity Price: 14.47 USD (median by state)
  • Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
  • Other Utilities (water, garbage, etc.): $0.0 per month

Living in Gainesville, TX could entail higher utility costs. Electricity costs sit at 14.47, while natural gas is priced at 26.29 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 0.0 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: 0.0

Median Income

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

  • Median Income: $49170

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.

Summary

When considering a move to Gainesville, TX, 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.
Pros
  1. Local music scene
  2. Friendly community
  3. Good schools in area
  4. Diverse food options
  5. Family-friendly parks
  6. Access to outdoor activities
  7. Low cost of living
  8. Active community events
  9. Nice weather year-round
  10. Growing job market
Cons
  1. Longer commute times
  2. Limited nightlife options
  3. Limited kids activities
  4. Economic disparities present
  5. Fewer job opportunities
  6. High crime rates reported
  7. Less cultural diversity
  8. Schools overcrowded at times
  9. Political divides noticeable
  10. Few public transport options