Martinsville, IN vs North Terre Haute, IN
There is a significant gap in the cost of living between these two cities. North Terre Haute is 18.1% cheaper than Martinsville. With a cost index of 62 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from North Terre Haute to Martinsville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Martinsville is $952/month compared to $666/month in North Terre Haute — a 43% difference. Home values follow the same pattern: North Terre Haute is more affordable at $136,300 median vs $140,400.
Median household income in Martinsville is $56,186 compared to $54,246 in North Terre Haute (+3.6%). Martinsville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Martinsville spend roughly 20.3% of their income on rent, more than the 14.7% in North Terre Haute.
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