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Gibson City, IL vs Martinsville, IL

67
Gibson City
Illinois
VS
+17.3%
57
Martinsville
Illinois

There is a significant gap in the cost of living between these two cities. Martinsville is 17.3% cheaper than Gibson City. With a cost index of 57 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Martinsville to Gibson City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gibson City is $802/month compared to $588/month in Martinsville — a 36% difference. Home values follow the same pattern: Martinsville is more affordable at $73,600 median vs $138,400.

Median household income in Gibson City is $47,104 compared to $65,000 in Martinsville (-27.5%). Martinsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gibson City spend roughly 20.4% of their income on rent, more than the 10.9% in Martinsville.

Climate-wise, both cities share similar average temperatures (52.3°F vs 53.4°F). Gibson City receives more rainfall at 40.4" per year compared to 36" in Martinsville.

Income & Cost

Cost of Living Index
Gibson City
67
Martinsville
57
15% cheaper
Median Household Income
Gibson City
$47,104
Martinsville
$65,000
28% higher

Housing

Median Rent
Gibson City
$802
Martinsville
$588
27% cheaper
Median Home Value
Gibson City
$138,400
Martinsville
$73,600
47% cheaper
Population
Gibson City
3,609
Martinsville
1,212

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gibson City $2.85
Martinsville
US $3.07
🥚
Eggs (grade A, large)
Gibson City $2.33
Martinsville
US $2.50
🥛
Milk (whole)
Gibson City $3.75
Martinsville
US $4.03
🍞
Bread (white)
Gibson City $1.72
Martinsville
US $1.85
🍗
Chicken breast
Gibson City $3.86
Martinsville
US $4.14
Electricity
Gibson City $0.17
Martinsville
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Gibson City 52.3°F
Martinsville 53.4°F
Summer High
Gibson City 88°F
Martinsville 86°F
Winter Low
Gibson City 16°F
Martinsville 20°F
Rainfall
Gibson City 40.4"
Martinsville 36"
Rainy Days
Gibson City 102d
Martinsville 108d