Cost of Living in Gainesville, TX

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

97.2

100 = national avg

-2.8 vs national average

Living Wage (1 Adult)

$42,769

per year

Living Wage (Family of 4)

$101,090

per year

Cost Index by Category

Housing
106.7
Food
93.1
Transportation
92.0
Healthcare
94.5
Utilities
97.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$961

per month

2 Bedroom

$1,261

per month

The overall cost of living index in Gainesville is 97.2, which is 2.8% below the national average. Housing costs are above the national average at an index of 106.7. A single adult needs to earn approximately $42,769 per year to cover basic expenses.