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 166, which is 1.7x higher than the national index of 100.
Compared to New Jersey, Martinsville has a cost of living index that's 1.3x higher than New Jersey's index of 125.
The standard of living in Martinsville ranks as #226 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Martinsville ranks as the #36 most expensive place in the Garden State.
For more reading on life in Martinsville, check out:
Martinsville Cost Of Living Vs. New Jersey
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 107.
The Groceries index in Martinsville is 116.
The Health index in Martinsville is 284.
The Housing index in Martinsville is 116.
The Transportation index in Martinsville is 112.
The Utilities index in Martinsville is 115.
| Living Expense | Martinsville | New Jersey | National Average |
|---|---|---|---|
| Overall | 166 | 125 | 100 |
| Services | 107 | 107 | 100 |
| Groceries | 116 | 113 | 100 |
| Health | 284 | 155 | 100 |
| Housing | 116 | 116 | 100 |
| Transportation | 112 | 112 | 100 |
| Utilities | 115 | 113 | 100 |
Martinsville Cost Of Living Compared To New Jersey Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Jersey, 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, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, 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 $902,737.
The Median Rent in Martinsville is $2,171.
The Median Income in Martinsville is $205,000.
The Home Value To Income in Martinsville is 4.4x.
The Rent To Monthly Income in Martinsville is 0.13x.
| Statistic | Martinsville | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $902,737 | $569,411 | $332,700 |
| Median Rent | $2,171 | $1,720 | $1,413 |
| Median Income | $205,000 | $103,556 | $80,734 |
| Home Value To Income | 4.4x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.13x | 0.2x | 0.21x |
Martinsville, NJ Costs By Category
Detailed Martinsville Services costs vs. New Jersey
| Item | Martinsville | New Jersey |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.53 | $12.13 |
| Bowling | $20.98 | $18 |
| Haircut | $30.25 | $24.26 |
| Beauty Salon | $53.0 | $45.56 |
Detailed Martinsville Groceries costs vs. New Jersey
| Item | Martinsville | New Jersey |
|---|---|---|
| Ground Beef | $6.13 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.7 | $4.67 |
| Potatoes | $5.32 | $4.93 |
| Pizza | $12.59 | $12.09 |
| Beer | $11.12 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Martinsville Health costs vs. New Jersey
| Item | Martinsville | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Martinsville Transportation costs vs. New Jersey
| Item | Martinsville | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Martinsville Utilities costs vs. New Jersey
| Item | Martinsville | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $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:
Westfield, NJ has a cost of living index of 182, 1.1x Martinsville.
Middlesex, NJ has a cost of living index of 128, 0.8x Martinsville.
Bradley Gardens, NJ has a cost of living index of 152, 0.9x Martinsville.
| City | Population | Cost Of Living | Vs. Martinsville |
|---|---|---|---|
| Westfield, NJ | 31,111 | 182 | 1.1x |
| Middlesex, NJ | 14,645 | 128 | 0.8x |
| Bradley Gardens, NJ | 14,165 | 152 | 0.9x |
| Florham Park, NJ | 13,564 | 174 | 1.0x |
| Somerville, NJ | 13,410 | 131 | 0.8x |
| Bound Brook, NJ | 12,219 | 125 | 0.8x |
| Manville, NJ | 10,921 | 124 | 0.7x |
| Succasunna, NJ | 9,799 | 141 | 0.8x |
| Raritan, NJ | 8,368 | 138 | 0.8x |
| Bernardsville, NJ | 7,916 | 173 | 1.0x |
