Madisonville, TX, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Madisonville stands at 87, which is 13% below the national average of 100. This lower cost of living makes Madisonville an attractive option for those seeking more affordable living conditions without sacrificing essential services.
Madisonville, TX, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Madisonville stands at 75, indicating that housing costs are 25% lower than the average. This makes it an attractive option for those looking to save on their living expenses. Additionally, groceries in Madisonville are priced at 88 on the index, which is 12% below the national average. This suggests that residents can find affordable food options, further contributing to the overall lower cost of living.
Madisonville also performs well in other key areas. Utilities cost 95 on the index, which is 5% lower than the national average. Transportation costs are at 90, meaning they are 10% below the average. Healthcare costs are slightly above the national average at 92, but still only 8% higher. Miscellaneous expenses, which include items like entertainment and personal care, are at 85, indicating a 15% savings. Overall, Madisonville provides a cost-effective living environment with several areas below the national average.