Madisonville, TX, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Madisonville stands at 89%, which means it is 11% below the national average of 100. This lower cost can be attributed to more affordable housing and utilities, making Madisonville an attractive option for those seeking to reduce their living expenses.
Madisonville, TX, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Madisonville stand at 85, indicating a 15% reduction compared to the national average. This makes housing more affordable for residents and newcomers alike. Additionally, groceries cost 95 in Madisonville, which is 5% lower than the average, offering some relief in daily food expenses.
Utilities in Madisonville are priced at 90, which is 10% below the national average. This suggests that residents can expect to spend less on essential services like electricity and water. Transportation costs are also slightly lower, at 88, which means a 12% savings on commuting and other travel needs. Healthcare costs in Madisonville are 92, just 8% below the average, providing a small but noticeable benefit in medical expenses. Lastly, miscellaneous costs are at 87, which is 13% lower than the average, covering various other expenses like entertainment and personal care. Overall, Madisonville offers a cost of living that is attractive for those looking to reduce their expenses while maintaining a good quality of life.