Herrick, IL vs Martinsville, IL
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.
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Housing
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Climate
NOAA 30-year normals (1991-2020)