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Cost of Living in Gordonsville

Is it better to rent or buy in Gordonsville? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$70,730
$1,129/mo

Median in area: $1,129

$287,605

Median in area: $287,605

$57,521

If you Rent

$1,333 /mo
Base Rent$1,129
Est. Utilities$204
% of Income22.6%
Pre-tax Residual$4,561

If you Buy

$1,976 /mo
P&I (6.999%)$1,531
Taxes & Ins$241
Est. Utilities$204
% of Income33.5%
Pre-tax Residual$3,919

Cost of Living FAQs

Is it cheaper to rent or buy in Gordonsville?

Based on median housing data, renting is currently more affordable on a monthly basis in Gordonsville. The estimated all-in monthly cost for renting is $1,333, while owning a median-priced home with a 20% down payment is roughly $1,976 per month (a difference of $643).

How much do utilities cost in Gordonsville?

The average monthly utility cost (electricity and natural gas) for a typical home in Gordonsville is approximately $204. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Gordonsville?

To comfortably afford the median rent and utilities in Gordonsville without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $53,320 per year.