Housing costs in Gainesville?
A typical home costs
$616,200, which is 82.3% more expensive than the national average of
$338,100 and 79.5% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Gainesville costs
$2,490 per month, which is 74.1% more than the national average of
$1,430 and 43.8% more than the state average of
$1,400.
Can I afford Gainesville?
To live comfortably in Gainesville, Virginia, a minimum annual income of
$118,080 for a family, and
$87,600 for a single person is recommended.
What does A.I. say about Gainesville?
Gainesville, VA is known for its reasonable cost of living. The median home value in the city is about $375,000, which is slightly less than the national average. Living expenses are also relatively low with groceries and health care costing just a bit more than the national average due to its proximity to Washington D.C. Renters can expect to pay around $1,400 per month for a two-bedroom apartment, while homeowners can purchase a four-bedroom single family home for approximately $500,000. Overall, the cost of living in Gainesville makes it an attractive option for families on a budget who want to live in a safe and thriving community.