Madras, OR, shows a cost of living index below the nationwide average. The total index for Madras stands at 93, indicating an 8% reduction compared to the benchmark of 100. Housing costs 8% less, and utilities are 10% cheaper, but transportation costs are 2% higher. Groceries, healthcare, and miscellaneous expenses are nearly on par with the national average. This combination makes Madras a potentially attractive location for those seeking a more affordable lifestyle.
The cost of living in Madras, OR, offers an appealing alternative to the nationwide average for job seekers considering a move. Housing, for instance, is 8% lower than the national average. While the index stands at 100 on a national scale, residents in Madras pay only 92 for housing. This means they save around $8 for every $100 spent in comparison to the average American.
Other living expenses in Madras also present savings. Groceries, often a significant part of monthly spending, are priced at 95 on the cost of living index. This is 5% below the national average of 100. Additionally, miscellaneous expenses, which include items like entertainment and personal care, are just 3% below the average at an index of 97. When it comes to transportation, residents benefit from costs that are 2% higher than the national average, with an index of 98. Utilities and healthcare also show slight savings, with indices of 90 and 88, respectively. This combination of lower costs makes Madras an attractive location for those looking to manage their expenses more effectively.
