The cost of living index in Madras, Oregon, shows a favorable comparison to the nationwide average, which is set at 100. Madras’ overall cost of living stands at 91, making it 9% below the national average. The housing index at 85 indicates that Madras offers more affordable housing compared to the average. While groceries, utilities, healthcare, and miscellaneous costs are slightly lower, transportation costs match the national average. This balanced distribution suggests a relatively affordable living environment in Madras, OR.
The cost of living index in Madras, Oregon, offers valuable insights for those considering this region for relocation or employment opportunities. Notably, Madras boasts a housing index of 85, which translates to a 15% reduction compared to the nationwide average of 100. This makes housing a significantly more affordable option in Madras. Similarly, the miscellaneous category, at 88, indicates an overall 12% lower cost than the national benchmark.
Transportation costs in Madras mirror the national average, sitting at 100. This consistency ensures that commuting and other travel-related expenses will not catch residents off guard. Other indices, such as groceries at 95 and healthcare at 93, show only slight variations from the national average, with groceries being 5% lower and healthcare costs 7% lower. Utilities, at 90, represent a 10% reduction in cost. These figures collectively present Madras as a region with generally competitive and often more favorable living expenses compared to the national average.