Madisonville, TX, presents a cost of living that is slightly below the nationwide average. Specifically, the overall cost of living index in Madisonville is 89, which is 11% lower than the national average of 100. Housing, groceries, utilities, transportation, healthcare, and miscellaneous costs all contribute to this index, all slightly lower than average values. Looking at specific categories, Madisonville's housing index stands at 85, indicating a 15% reduction from the national average. Similarly, utilities and healthcare also show lower costs, at 95 and 88, respectively. This data suggests that Madisonville offers an affordable living environment for those considering relocation.
The cost of living in Madisonville, TX, is noticeably lower than the nationwide average. According to the latest data, the overall cost of living index stands at 87, compared to the national average of 100. This means Madisonville residents typically pay about 13% less for living expenses.
More specifically, housing in Madisonville costs 15% less than the national average, with an index of 85. Groceries are slightly lower as well, at 90. Utilities show a minor increase, with an index of 95, which is 5% higher. Transportation costs are just 2% below the average at 92. Healthcare expenses are 12% less, with an index of 88, while miscellaneous costs are also slightly lower, at 87. This indicates that Madisonville offers a generally more affordable living experience for its residents.