Cost of Living: Belen, NM vs Martinsville, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Belen | Martinsville |
|---|---|---|
| Housing Index | 75.0 | 95.0 |
| Median Home Price | $192,000 | $190,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $1080 | $1120 |
Housing Comparison: Belen vs Martinsville
- In Belen, the median home price is higher at $192,000, while in Martinsville it is $190,000.
- Renting a two-bedroom apartment costs more in Belen at $950 than in Martinsville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Belen | Martinsville |
|---|---|---|
| Electricity Price | $14.44 | $14.89 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Belen vs Martinsville
- Martinsville has higher electricity costs at $14.89 per kWh, versus $14.44 in Belen.
- Natural gas price data is currently unavailable.
- Martinsville has higher utility expenses, averaging $250, while Belen averages $200.