Gainesville, Virginia is ranked 15th out of 273 cities in the U. S. Department of State in terms of cost of living. According to the data, the cost of living in Gainesville is 138.5% of the national average, which means that, excluding taxes collected at the federal level, residents of Gainesville live in a state with a low average tax burden.
Gainesville is a census-designated place in Prince William County, Virginia, with a population of 15,928. Out-of-pocket health care and insurance premiums, assuming at least a basic level of health insurance coverage, are slightly lower than the national average in Gainesville and also lower than those of Virginia as a whole. The median family income and housing affordability rates range from approximately 1.0 in the least expensive cities to more than 10.0 in the most expensive markets in the country. The cost of food in Gainesville can vary depending on individual preferences and shopping habits.
What Does Living in Gainesville Cost?
When it comes to the cost of living in Gainesville, there are several factors to consider. The overall cost of living is lower than the national average, making it an attractive option for families on a budget who want to live in a safe and prosperous community. The cost of housing is one of the most important factors when it comes to determining the cost of living in any area. In Gainesville, the median home value is $400,000, which is slightly higher than the national median home value of $380,000.However, this is still lower than many other cities in Virginia. The cost of utilities is also lower than the national average. The average monthly utility bill for a family of four is $150, which is significantly lower than the national average of $200. The cost of transportation is also relatively low in Gainesville. The average monthly gas bill for a family of four is $100, which is significantly lower than the national average of $150.
Conclusion
Overall, living in Gainesville can be an affordable option for families on a budget who want to live in a safe and prosperous community. The cost of housing is slightly higher than the national average but still lower than many other cities in Virginia.The cost of utilities and transportation are also lower than the national average.
