Gilmer, TX Cost of Living


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Gilmer cost of living score
83.7
Less expensive
16.3% lower
than the US average
11.1% lower
than the Texas average
Gilmer, Texas gets a BestPlaces Cost of Living score of 83.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% lower than the U.S. average and 11.1% higher than the average for Texas.

Gilmer, TX

Housing costs in Gilmer?
A typical home costs $169,000, which is 50.0% less expensive than the national average of $338,100 and 43.2% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Gilmer costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 36.2% cheaper than the state average of $1,280.

Can I afford Gilmer?
To live comfortably in Gilmer, Texas, a minimum annual income of $32,400 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Gilmer?
The cost of living in Gilmer, TX is relatively low. The city has a median home value of $94,400, which is well below the national median of $184,700. Additionally, the median household income is just over $36,000 and the overall cost of living index for Gilmer is 79.1—nearly 20 points lower than the national average. This means that goods and services tend to be cheaper in Gilmer than other parts of Texas or the nation. With low housing costs and a relatively low cost of living, it’s easy to see why many people choose to live in Gilmer.
   Cost of living score
     CategoriesGilmerTexasUnited States
  83.794.2100.0
  9293.7100
  102.5100.0100.0
  47.083.5100.0
  $169,000$297,600$338,100
  97.0%99.2%100.0%
  85.5103.3100.0
  79.483.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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