The cost of living in Martinsville, IN, is notably lower than the nationwide average. Specifically, the overall cost of living index for Martinsville stands at 84, which is 16% below the national average of 100. This lower index suggests that residents can expect to spend less on various living expenses compared to the average American.
Martinsville's housing index of 73 is particularly favorable, being 27% below the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show a trend of being lower, though not as significantly as housing. This makes Martinsville a potentially attractive location for those looking to reduce their living costs.
The cost of living in Martinsville, Indiana, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Martinsville stand at 73, indicating that residents can expect to pay about 27% less than the national average for housing. This lower cost can be particularly attractive for those seeking affordable living arrangements without sacrificing quality.
In addition to housing, other living expenses in Martinsville also compare favorably. For instance, groceries cost 90, which is 10% less than the national average. Utilities, at 95, are just 5% above the average, while transportation costs are at 88, 12% below the average. Healthcare costs are slightly lower at 85, representing a 15% reduction. Miscellaneous expenses, at 80, are 20% less than the national average. Overall, Martinsville offers a cost of living that is notably lower than the national average, making it an attractive option for many job seekers.
