Zip 76240 (Gainesville, TX) Cost of Living


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Gainesville cost of living score
85.2
Less expensive
14.8% lower
than the US average
9.6% lower
than the Texas average
Gainesville (zip 76240), Texas gets a BestPlaces Cost of Living score of 85.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.8% lower than the U.S. average and 9.6% higher than the average for Texas.

Zip 76240 (Gainesville, TX)

Housing costs in Gainesville?
A typical home costs $246,400, which is 27.1% less expensive than the national average of $338,100 and 17.2% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Gainesville costs $1,040 per month, which is 18.8% cheaper than the national average of $1,280 and 2.9% more than the state average of $1,010.

Can I afford Gainesville?
To live comfortably in Gainesville (zip 76240), Texas, a minimum annual income of $47,160 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Gainesville?
Gainesville, TX is an affordable place to live. The cost of living in 76240 is 11.1% lower than the national average, making it a great choice for those looking to save money. Groceries, healthcare, and transportation are all among the most affordable options in the area. Rent prices are also quite low with the average one bedroom apartment costing around $500 a month. Despite its affordability, Gainesville is not lacking in amenities; you can find plenty of shopping centers, restaurants, and entertainment venues in town.
   Cost of living score
     CategoriesGainesvilleTexasUnited States
  85.294.2100.0
  94.993.7100
  105.6100.0100.0
  56.283.5100.0
  $246,400$297,600$338,100
  102.6%99.2%100.0%
  76.3103.3100.0
  97.083.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Gainesville
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Over 6 years ago

Gainesville is just south of the Red River. It has charming historic downtown with retail and restaurants. A beautiful court house is in the center. Visit during  More

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