Madras, OR, has a cost of living index that is slightly lower than the nationwide average. The overall cost of living in Madras stands at 89, which is 11% below the national average of 100. This lower cost of living makes Madras an attractive option for those seeking affordable housing and daily expenses. The housing index at 86 and groceries at 90 reflect the most significant savings, while utilities and transportation remain close to the national average.
The cost of living in Madras, Oregon, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Madras stand at 86, indicating that residents spend 14% less than the average American. This lower housing index can be a significant advantage for those looking to settle in Madras, as it provides more disposable income for other expenses.
In addition to housing, other cost categories in Madras also show competitive rates. Groceries, for example, have an index of 90, meaning they are 10% cheaper than the national average. Utilities are slightly higher at 95, but still only 5% above the average. Transportation costs are at 92, which is 8% less than the nationwide average. Healthcare costs are 87, indicating a 13% savings. Miscellaneous expenses, with an index of 88, are 12% below the average. Overall, Madras offers a cost of living that is generally lower than the national average, making it an attractive option for many job seekers.
