Martinsville, NJ Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
155
Martinsville's Overall Cost Of Living
1.6x
Higher Than The National Average
207 out of 251
In New Jersey
5,929 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Martinsville is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Martinsville, NJ?

According to the most recent data on the cost of living, Martinsville has an overall cost of living index of 155 which is 1.6x higher than the national index of 100.

Compared to only New Jersey, Martinsville has a cost of living index that's 1.3x higher than New Jersey's index of 121.

The standard of living in Martinsville ranks as #5,932 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Martinsville ranks as the #486 most expensive place in the Garden State.

For more reading on life in Martinsville, check out:

Martinsville Cost Of Living Vs. New Jersey

Living Expense Martinsville New Jersey National Average
Overall 155 121 100
Services 113 107 100
Groceries 108 107 100
Health 104 100 100
Housing 259 160 100
Transportation 107 106 100
Utilities 103 98 100
For more reading on cost of living around New Jersey, check out:
Martinsville Cost of Living Vs. NJ

Martinsville, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$591,900
Median Home Value
$1,694
Median Rent
$172,793
Median Income
Statistic Martinsville New Jersey United States
Median Home Value $591,900 $343,500 $229,800
Median Rent $1,694 $1,368 $1,096
Median Income $172,793 $85,245 $64,994
Home Value To Income 3.4x 4.0x 3.5x
Rent To Monthly Income 0.12x 0.19x 0.2x

Detailed Martinsville Services Costs Vs. New Jersey

Item Martinsville New Jersey
Shampoo $1.03 $1.06
Movie $12.59 $10.68
Bowling $17.73 $14.67

Detailed Martinsville Groceries Costs Vs. New Jersey

Item Martinsville New Jersey
Ground Beef $3.87 $4.22
Fried Chicken $1.67 $1.39
Milk $2.41 $2.05

Detailed Martinsville Health Costs Vs. New Jersey

Item Martinsville New Jersey
Haircut $20.73 $18.62
Beauty Salon $36.4 $39.05
Toothpaste $2.16 $2.34

Detailed Martinsville Transportation Costs Vs. New Jersey

Item Martinsville New Jersey
Potatoes $3.09 $3.29
Pizza $11.4 $10.62
Beer $9.19 $9.38
Optometrist $101.33 $108.57
Doctor $94.5 $116.17
Dentist $113.15 $99.13

Detailed Martinsville Utilities Costs Vs. New Jersey

Item Martinsville New Jersey
Gasoline $2.26 $2.22
Tire Balancing $56.66 $50.07
All Electricity $174.26 $167.67
Phone $179.87 $175.64

Martinsville SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
9.5
Affordability
8
Diversity
8
Safety
N/A
Amenities
8
Education
10
Commute
4

Cost Of Living In Cities Around Martinsville

City Population Cost Of Living Vs. Martinsville
Westfield, NJ 29,690 170 1.1x
Bradley Gardens, NJ 14,714 144 0.9x
Middlesex, NJ 13,606 123 0.8x
Somerville, NJ 12,139 122 0.8x
Florham Park, NJ 11,719 165 1.1x
Bound Brook, NJ 10,254 120 0.8x
Manville, NJ 10,193 117 0.8x
Succasunna, NJ 9,367 134 0.9x
Raritan, NJ 7,833 129 0.8x
Bernardsville, NJ 7,641 164 1.1x

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