Gatesville, TX, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Gatesville stands at 91, which is 9% below the national average of 100. This makes Gatesville an attractive option for those looking to manage expenses effectively while maintaining a reasonable quality of life.
Specifically, housing costs in Gatesville are 15% lower than the national average, making it a more affordable choice for renters and homeowners alike. Other categories like groceries, utilities, and healthcare also show competitive rates, further supporting the idea that Gatesville provides a cost-effective living environment.
Gatesville, TX, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Gatesville stand at 85, indicating that residents can expect to pay about 15% less than the average American. This reduction in housing expenses can be a significant advantage for those relocating to Gatesville, potentially freeing up more of their budget for other necessities.
In addition to housing, other cost categories in Gatesville also show favorable comparisons. For instance, groceries cost 92, which is 8% below the national average. Utilities are priced at 97, just 3% above average, while transportation costs are at 94, only 6% higher. Healthcare expenses are at 90, which is 10% lower than the national average. Miscellaneous expenses, at 88, are 12% below the average. These figures collectively suggest that Gatesville offers a more affordable living environment in several key areas compared to the national average.
