The cost of living index in Martinsville, IN, shows it is generally lower than the nationwide average of 100. Housing costs in Martinsville stand at 85, indicating a 15% savings compared to the national average. Additionally, other categories like groceries and utilities also fall below the national norm, with figures at 92 and 95, respectively. Overall, these lower costs make Martinsville an attractive option for budget-conscious job seekers.
The cost of living in Martinsville, Indiana, is notably lower compared to the nationwide average, which is indexed at 100. Specifically, the housing index in Martinsville stands at 85, which is 15% lower than the national average. This means that housing costs in Martinsville are more affordable for residents and job seekers.
Other aspects of living in Martinsville also reflect a lower cost of living. For example, groceries have an index of 92, indicating only an 8% increase over the national average. Utilities, transportation, healthcare, and miscellaneous expenses also remain below or close to the national average. Utilities have an index of 95, which is just 5% above average, while transportation and healthcare are at 90 and 88, respectively, which are 10% and 12% lower than the national average. Finally, miscellaneous expenses are at 89, which is 11% lower. Overall, Martinsville provides a more affordable living experience in several key areas.
