The cost of living index in Madras, OR, reflects a generally lower cost of living compared to the nationwide average, which is set at 100. This lower index suggests that residents can expect to pay less across various living expenses. Specifically, housing costs in Madras are 18% below the national average, while grocery prices are only 5% below the average. Utilities, transportation, healthcare, and miscellaneous costs also fall beneath the national average, by 3%, 9%, 12%, and 15%, respectively. This pattern indicates that Madras offers more affordable living conditions for many essential expenses.
Madras, Oregon, offers a cost of living that is notably lower than the nationwide average of 100. Among the various categories, housing stands out as the most affordable, with an index of 82. This indicates that housing costs in Madras are 18% lower than the national average. For job seekers considering this location, housing expenses may represent a significant saving, making it a more budget-friendly option.
In addition to housing, other expenses in Madras also compare favorably to the national average. Groceries, for example, have a cost of living index of 95, which is 5% lower than average. Utilities are slightly above average at 97, but still only 3% higher. Transportation costs, at an index of 91, are 9% lower, while healthcare costs, at 88, are 12% lower. Miscellaneous expenses, with an index of 85, are 15% lower than the national average. Overall, Madras provides a cost-effective living environment across multiple key areas, making it an attractive choice for those looking to manage living expenses effectively.