Housing costs in Gainesville?
A typical home costs
$366,800, which is 8.5% more expensive than the national average of
$338,100 and 1.2% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Gainesville costs
$1,050 per month, which is 32.7% cheaper than the national average of
$1,560 and 4.8% cheaper than the state average of
$1,100.
Can I afford Gainesville?
To live comfortably in Gainesville (zip 32603), Florida, a minimum annual income of
$70,200 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Gainesville?
The cost of living in Gainesville, FL (32603) is generally on the lower end compared to other cities in the United States. The overall cost of living index for Gainesville is 92, which is 8% lower than the national average. This can be attributed to low housing prices and a lower cost of food and transportation compared to other places. Renting an apartment in Gainesville can range from $750 - $1,500 depending on size and location, while purchasing a home could start at around $150,000. A meal for two at a mid-range restaurant would be around $40 on average. The sales tax rate is 6%, but groceries are exempt from taxation. All in all, Gainesville鈥檚 low cost of living makes it an attractive place to live or study without breaking the bank.