Cost of living in Gainesville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Gainesville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Gainesville is 96, with 100 being the average.
The cost of living index in Gainesville is 1.0x lower than the national average.
Gainesville ranks as the #99 cheapest in Georgia out of 154.
Gainesville ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Gainesville is $246,800.
The median income in Gainesville is $57,258.
According to the most recent data on the cost of living, Gainesville has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Georgia, Gainesville has a cost of living index that's 1.1x higher than Georgia's index of 89.
The standard of living in Gainesville ranks as #99 most affordable out of the 154 places we measured in Georgia. By definition, that implies Gainesville ranks as the #55 most expensive place in the Peach State.
For more reading on life in Gainesville, check out:
Six factors go into calculating the cost of living index in Gainesville. Here is how it fairs on each of the criteria:
The Services index in Gainesville is 100.
The Groceries index in Gainesville is 105.
The Health index in Gainesville is 100.
The Housing index in Gainesville is 81.
The Transportation index in Gainesville is 102.
The Utilities index in Gainesville is 87.
Living Expense | Gainesville | Georgia | National Average | |
---|---|---|---|---|
Overall | 96 | 89 | 100 | |
Services | 100 | 95 | 100 | |
Groceries | 105 | 96 | 100 | |
Health | 100 | 98 | 100 | |
Housing | 81 | 76 | 100 | |
Transportation | 102 | 90 | 100 | |
Utilities | 87 | 86 | 100 |
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Gainesville is $246,800.
The Median Rent in Gainesville is $1,075.
The Median Income in Gainesville is $57,258.
The Home Value To Income in Gainesville is 4.3x.
The Rent To Monthly Income in Gainesville is 0.23x.
Statistic | Gainesville | Georgia | United States |
---|---|---|---|
Median Home Value | $246,800 | $206,700 | $244,900 |
Median Rent | $1,075 | $1,110 | $1,163 |
Median Income | $57,258 | $65,030 | $69,021 |
Home Value To Income | 4.3x | 3.2x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Item | Gainesville | Georgia |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $14.15 | $10.68 |
Bowling | $17.17 | $14.67 |
Haircut | $21.0 | $18.62 |
Beauty Salon | $47.13 | $39.05 |
Item | Gainesville | Georgia |
---|---|---|
Ground Beef | $4.61 | $4.22 |
Fried Chicken | $1.3 | $1.39 |
Milk | $1.99 | $2.05 |
Potatoes | $3.16 | $3.29 |
Pizza | $10.06 | $10.62 |
Beer | $10.05 | $9.38 |
Toothpaste | $2.66 | $2.34 |
Item | Gainesville | Georgia |
---|---|---|
Optometrist | $110.27 | $108.57 |
Doctor | $119.8 | $116.17 |
Dentist | $105.78 | $99.13 |
Item | Gainesville | Georgia |
---|---|---|
Gasoline | $2.23 | $2.22 |
Tire Balancing | $52.08 | $50.07 |
Item | Gainesville | Georgia |
---|---|---|
All Electricity | $120.82 | $167.67 |
Phone | $185.08 | $175.64 |
The cost of living varies in the cities and towns around Gainesville. Here's a quick look at the cost of living in the most populous nearby places:
Sugar Hill, GA has a cost of living index of 103, 1.1x Gainesville.
Buford, GA has a cost of living index of 98, 1.0x Gainesville.
Braselton, GA has a cost of living index of 111, 1.2x Gainesville.
City | Population | Cost Of Living | Vs. Gainesville |
---|---|---|---|
Sugar Hill, GA | 24,599 | 103 | 1.1x |
Buford, GA | 16,811 | 98 | 1.0x |
Braselton, GA | 12,833 | 111 | 1.2x |
Jefferson, GA | 12,727 | 93 | 1.0x |
Flowery Branch, GA | 9,194 | 98 | 1.0x |
Auburn, GA | 7,424 | 93 | 1.0x |
Cumming, GA | 6,886 | 98 | 1.0x |
Dahlonega, GA | 6,471 | 123 | 1.3x |