Cost of Living in Martinsville, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.3
100 = national avg
-16.7 vs national average
Living Wage (1 Adult)
$36,647
per year
Living Wage (Family of 4)
$86,620
per year
Cost Index by Category
Housing55.6
Food99.7
Transportation99.4
Healthcare99.7
Utilities90.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$769
per month
2 Bedroom
$1,009
per month
The overall cost of living index in Martinsville is 83.3, which is 16.7% below the national average. Housing costs are below the national average at an index of 55.6. A single adult needs to earn approximately $36,647 per year to cover basic expenses.