Madras, OR, has a lower cost of living compared to the nationwide average. The cost of living index in Madras stands at 91, which is 9% below the national average of 100. This means that residents in Madras can expect to pay less for housing, utilities, and miscellaneous expenses, while groceries and healthcare costs are slightly above average.
Transportation costs in Madras also remain relatively close to the national average, making it an attractive option for those looking to reduce expenses without sacrificing too much in terms of quality of life.
The cost of living in Madras, Oregon, presents a mix of affordability and slight increases in certain areas when compared to the nationwide average. Housing costs in Madras stand at 85, which is 15% lower than the national average. This makes housing one of the more affordable aspects of living in Madras. For job seekers, this could mean more disposable income for other essentials or savings.
Other areas like groceries and utilities also show favorable comparisons. Groceries in Madras are at 97, which is 3% lower than the national average. Utilities follow closely at 94, which is 6% below the average. These figures suggest that day-to-day expenses for food and utilities remain relatively manageable. Transportation costs are at 90, which is 10% below the average, offering another area of savings for residents. Healthcare, however, is slightly higher at 98, indicating a minor increase of 8% compared to the national average. Overall, Madras provides a balanced cost of living with some areas offering savings and others requiring slightly more expenditure.
