What is the cost of living in Martinsville, IN?
According to the most recent data on the cost of living, Martinsville has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Indiana, Martinsville has a cost of living index that's 1.0x lower than Indiana's index of 90.
The standard of living in Martinsville ranks as #54 most affordable out of the 129 places we measured in Indiana. By definition, that implies Martinsville ranks as the #75 most expensive place in the Hoosier State.
For more reading on life in Martinsville, check out:
Martinsville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Martinsville. Here is how it fares on each of the criteria:
The Services index in Martinsville is 94.
The Groceries index in Martinsville is 100.
The Health index in Martinsville is 68.
The Housing index in Martinsville is 96.
The Transportation index in Martinsville is 99.
The Utilities index in Martinsville is 97.
| Living Expense | Martinsville | Indiana | National Average |
|---|---|---|---|
| Overall | 88 | 90 | 100 |
| Services | 94 | 97 | 100 |
| Groceries | 100 | 95 | 100 |
| Health | 68 | 72 | 100 |
| Housing | 96 | 98 | 100 |
| Transportation | 99 | 94 | 100 |
| Utilities | 97 | 96 | 100 |
Martinsville Cost Of Living Compared To Indiana Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Indiana, check out:
Protect your home budget Compare home warranties in Martinsville Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Martinsville, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Martinsville is $288,805.
The Median Rent in Martinsville is $983.
The Median Income in Martinsville is $60,177.
The Home Value To Income in Martinsville is 4.8x.
The Rent To Monthly Income in Martinsville is 0.2x.
| Statistic | Martinsville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $288,805 | $254,121 | $332,700 |
| Median Rent | $983 | $1,062 | $1,413 |
| Median Income | $60,177 | $71,957 | $80,734 |
| Home Value To Income | 4.8x | 3.5x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Martinsville, IN Costs By Category
Detailed Martinsville Services costs vs. Indiana
| Item | Martinsville | Indiana |
|---|---|---|
| Shampoo | $1.36 | $1.28 |
| Movie | $11.48 | $12.13 |
| Bowling | $16.61 | $18 |
| Haircut | $26.42 | $24.26 |
| Beauty Salon | $47.57 | $45.56 |
Detailed Martinsville Groceries costs vs. Indiana
| Item | Martinsville | Indiana |
|---|---|---|
| Ground Beef | $5.88 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $12.45 | $12.09 |
| Beer | $10.53 | $10.41 |
| Toothpaste | $3.55 | $3.7 |
Detailed Martinsville Health costs vs. Indiana
| Item | Martinsville | Indiana |
|---|---|---|
| Optometrist | $173.41 | $125.68 |
| Doctor | $108.22 | $135.78 |
| Dentist | $104.94 | $113.29 |
Detailed Martinsville Transportation costs vs. Indiana
| Item | Martinsville | Indiana |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $47.16 | $59.92 |
Detailed Martinsville Utilities costs vs. Indiana
| Item | Martinsville | Indiana |
|---|---|---|
| All Electricity | $206.98 | $193.99 |
| Phone | $190.02 | $192.25 |
Martinsville SnackAbility
Cost Of Living In Cities Around Martinsville
The cost of living varies in the cities and towns around Martinsville. Here's a quick look at the cost of living in the most populous nearby places:
Bloomington, IN has a cost of living index of 103, 1.2x Martinsville.
Bargersville, IN has a cost of living index of 107, 1.2x Martinsville.
Mooresville, IN has a cost of living index of 93, 1.1x Martinsville.
| City | Population | Cost Of Living | Vs. Martinsville |
|---|---|---|---|
| Bloomington, IN | 80,049 | 103 | 1.2x |
| Bargersville, IN | 10,752 | 107 | 1.2x |
| Mooresville, IN | 9,751 | 93 | 1.1x |
| Ellettsville, IN | 6,698 | 93 | 1.1x |
| New Whiteland, IN | 5,704 | 89 | 1.0x |
