Madisonville, TX, shows a cost of living index that is notably lower than the nationwide average. Specifically, Madisonville's cost of living stands at 89, which is 11% below the benchmark of 100. This lower cost of living makes Madisonville an attractive option for those looking to manage expenses efficiently.
The housing index in Madisonville is particularly favorable at 85, reflecting significant savings for residents. While some categories like groceries and utilities are close to the national average, the overall cost of living remains appealing. This balance of affordability and quality of life makes Madisonville a practical choice for job seekers and families alike.
The cost of living in Madisonville, TX, shows some differences when compared to the nationwide average, which is set at 100. Housing costs in Madisonville are notably lower, with an index of 85. This means that housing expenses in Madisonville are 15% lower than the national average. For job seekers, this could mean more affordability in housing without sacrificing much in terms of living standards.
Other costs in Madisonville also reflect a pattern of being slightly below the national average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses show indices of 95, 90, 92, 88, and 87 respectively. These figures indicate that Madisonville residents spend between 5% and 13% less on these categories compared to the average American. For example, groceries are only 5% more expensive than the national average, while healthcare costs are 12% lower. This lower cost of living could make Madisonville an attractive option for individuals looking to reduce their monthly expenses.
