Housing costs in Gainesville?
A typical home costs
$377,500, which is 11.7% more expensive than the national average of
$338,100 and 22.5% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Gainesville costs
$1,360 per month, which is 6.3% more than the national average of
$1,280 and 11.8% more than the state average of
$1,200.
Can I afford Gainesville?
To live comfortably in Gainesville (zip 30506), Georgia, a minimum annual income of
$72,360 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Gainesville?
The cost of living in 30506 Gainesville, GA is quite affordable. According to Best Places, the overall cost of living index for the area is an impressive 84.9, which is 16.1% lower than the national average. Housing costs in particular are very low with a median home price of $142,000 and a median rent of $868 per month. The median household income here is also relatively low at $44,020 but the cost of goods and services is much less than average. All in all, Gainesville provides an attractive option for those looking for a high quality of life without having to pay expensive costs associated with other cities.