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Herrick, IL vs Martinsville, IL

72
Herrick
Illinois
VS
+24.7%
57
Martinsville
Illinois

There is a significant gap in the cost of living between these two cities. Martinsville is 24.7% cheaper than Herrick. With a cost index of 57 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Martinsville to Herrick should plan for substantially higher expenses across most categories.

On the housing front, median rent in Herrick is $1,063/month compared to $588/month in Martinsville — a 81% difference. Interestingly, home values tell a different story: while Martinsville has cheaper rent, Herrick actually has lower median home values ($70,800 vs $73,600).

Median household income in Herrick is $58,750 compared to $65,000 in Martinsville (-9.6%). 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 Herrick spend roughly 21.7% of their income on rent, more than the 10.9% in Martinsville.

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

Income & Cost

Cost of Living Index
Herrick
72
Martinsville
57
20% cheaper
Median Household Income
Herrick
$58,750
Martinsville
$65,000
10% higher

Housing

Median Rent
Herrick
$1,063
Martinsville
$588
45% cheaper
Median Home Value
Herrick
$70,800
4% cheaper
Martinsville
$73,600
Population
Herrick
405
Martinsville
1,212

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Herrick 53.4°F
Martinsville 53.4°F
Summer High
Herrick 86°F
Martinsville 86°F
Winter Low
Herrick 20°F
Martinsville 20°F
Rainfall
Herrick 36"
Martinsville 36"
Rainy Days
Herrick 108d
Martinsville 108d