Cost of Living: Norfolk, NE vs Martinsville, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norfolk | Martinsville |
|---|---|---|
| Housing Index | 90.5 | 95.0 |
| Median Home Price | $183,000 | $190,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $864 | $1120 |
Housing Comparison: Norfolk vs Martinsville
- The median home price in Martinsville is higher at $190,000, compared to $183,000 in Norfolk.
- Renting a two-bedroom apartment costs more in Norfolk at $800 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 | Norfolk | Martinsville |
|---|---|---|
| Electricity Price | $12.92 | $14.89 |
| Natural Gas Price | $13.89 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Norfolk vs Martinsville
- Martinsville has higher electricity costs at $14.89 per kWh, versus $12.92 in Norfolk.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Norfolk and Martinsville averaging $250.