Gatesville, TX, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Gatesville stands at 92, which is 8% lower than the average of 100. This makes Gatesville a more affordable option for housing, groceries, and utilities, while still providing competitive prices in transportation, healthcare, and miscellaneous expenses.
Job seekers will find that the lower cost of living in Gatesville can stretch their budget further, making it an attractive location for those looking to maximize their income.
Gatesville, TX, offers a cost of living that is notably lower than the nationwide average. The housing index in Gatesville stands at 86, which is 14% below the national average of 100. This suggests that housing costs in Gatesville are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is at 92, which is 2% below the average, indicating that food costs are slightly lower than the national norm.
Transportation costs in Gatesville are also favorable, with an index of 90, which is 10% lower than the national average. This means that commuting and other transportation expenses are more manageable for residents. The healthcare index is at 95, which is 5% below the average, suggesting that healthcare costs are relatively competitive. Lastly, the miscellaneous index is 89, which is 11% below the average, indicating that other living expenses are also more affordable in Gatesville. Overall, Gatesville provides a cost-effective living environment compared to the national average.
