Gainesville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGainesvilleFloridaNational
Cost of living index95100100
IndexGainesvilleFloridaNational
Goods & Services index95101100
Groceries index102105100
Health care index9897100
Housing index8695100
Transportation index100105100
Utilities index103102100
Displayed above is a general overview of the Gainesville, FL cost of living index. The overall cost of living index in Gainesville, FL is 95, which is 5% lower than the Florida average and 5% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Gainesville, FL are 5% lower than the Florida average and 5% lower than the national average.

Did you know?

  • The cost of living in Gainesville is 5% lower than the Florida average.
  • The cost of living in Gainesville is 5% lower than the national average.
  • The cost of housing in Gainesville is 14% lower than the national average.
  • Florida general sales tax is 18% higher than the national average.
  • Florida state income tax is 100% lower than the national average.

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Compare Gainesville, FL Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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Using the salary calculator lets you compare the salary you earn in Gainesville, FL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Gainesville, FL, you have to earn a higher income in order to still have the same standard of living. To operate the Gainesville, FL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,113$4,926$1,379$1,774
Renters$21,910$1,826$511$657
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Gainesville, FL, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Gainesville, FL has a median income of about $59,113 for people who own homes. Based on that number, a person should spend a maximum of $1,379 on expenses related to housing. Renters have a slightly different median income, which is $21,910. Based on this average, renters should spend no more than $511 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When assessing the complete cost of living in Gainesville, FL, the Florida income tax and the Florida sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Florida maximum surtax is 7.5%, and the Florida sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Florida.

Goods & Services

ItemGainesvilleNational avg.Difference
Haircut $12.67$14.5913.2%
Beauty Salon $28.98$34.6816.4%
Toothpaste $2.84$2.4714.8%
Shampoo $1.05$1.022.7%
Movie $11.00$9.8711.5%
Bowling $5.00$4.3913.9%

Groceries

ItemGainesvilleNational avg.Difference
Ground Beef $4.65$4.483.9%
Fried Chicken $1.32$1.469.8%
Milk $2.82$2.3619.7%
Potatoes $2.98$3.062.7%
Pizza $7.99$9.2413.6%
Beer $8.58$8.630.6%

Health Care

ItemGainesvilleNational avg.Difference
Optometrist $77.73$99.7822.1%
Doctor $87.33$105.0316.9%
Dentist $94.50$88.706.5%
Ibuprofen $9.99$9.416.1%
Lipitor $308.57$298.503.4%

Housing

ItemGainesvilleNational avg.Difference
Home Price $145,700.00$175,700.0017.1%
Avg. Mortgage Payment $960.13$1,081.0311.2%
Apartment Rent $851.00$920.007.5%

Transportation

ItemGainesvilleNational avg.Difference
Gasoline $2.05$2.092.2%
Tire Balancing $48.00$45.296.0%

Utilities

ItemGainesvilleNational avg.Difference
All Electricity$170.39$170.800.2%
Phone $30.01$28.266.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Hampton, FL46981-19%
Raleigh, FL13982-18%
Waldo, FL1,16085-15%
Micanopy, FL63790-10%
Hawthorne, FL1,78090-10%
Gainesville, FL126,46595-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Visalia, CA126,9421044%
Elizabeth, NJ126,96412020%
Simi Valley, CA125,69914545%
Charleston, SC125,45811212%
Stamford, CT125,40116161%
Gainesville, FL126,46595-5%
Source: The Gainesville, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.