Martins Ferry, OH Cost Of Living
Cost Of Living In Martins Ferry, OH Summary
Cost of living in Martins Ferry research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Martins Ferry is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Martins Ferry is 87, with 100 being the average.
The cost of living index in Martins Ferry is 0.9x lower than the national average.
Martins Ferry ranks as the #56 cheapest in Ohio out of 289.
Martins Ferry ranks as the #777 cheapest out of 6,489 in the US.
The median home value in Martins Ferry is $91,854.
The median income in Martins Ferry is $43,073.
Table Of Contents
Martins Ferry's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Martins Ferry, OH?
According to the most recent data on the cost of living, Martins Ferry has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Ohio, Martins Ferry has a cost of living index that's 0.9x lower than Ohio's index of 93.
The standard of living in Martins Ferry ranks as #56 most affordable out of the 289 places we measured in Ohio. By definition, that implies Martins Ferry ranks as the #233 most expensive place in the Buckeye State.
For more reading on life in Martins Ferry, check out:
In Ohio
In America
Martins Ferry Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Martins Ferry. Here is how it fairs on each of the criteria:
The Services index in Martins Ferry is 94.
The Groceries index in Martins Ferry is 101.
The Health index in Martins Ferry is 93.
The Housing index in Martins Ferry is 53.
The Transportation index in Martins Ferry is 108.
The Utilities index in Martins Ferry is 125.
| Living Expense | Martins Ferry | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 87 | 93 | 100 | |
| Services | 94 | 101 | 100 | |
| Groceries | 101 | 103 | 100 | |
| Health | 93 | 97 | 100 | |
| Housing | 53 | 74 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 125 | 100 | 100 | |
Martins Ferry, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Martins Ferry is $91,854.
The Median Rent in Martins Ferry is $809.
The Median Income in Martins Ferry is $43,073.
The Home Value To Income in Martins Ferry is 2.1x.
The Rent To Monthly Income in Martins Ferry is 0.23x.
| Statistic | Martins Ferry | Ohio | United States |
|---|---|---|---|
| Median Home Value | $91,854 | $240,287 | $303,400 |
| Median Rent | $809 | $988 | $1,348 |
| Median Income | $43,073 | $69,680 | $78,538 |
| Home Value To Income | 2.1x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Martins Ferry, OH Costs By Category
Detailed Martins Ferry Services Costs Vs. Ohio
| Item | Martins Ferry | Ohio |
|---|---|---|
| Shampoo | $1.39 | $1.28 |
| Movie | $11.77 | $12.13 |
| Bowling | $16.24 | $18 |
| Haircut | $23.73 | $24.26 |
| Beauty Salon | $40.4 | $45.56 |
Detailed Martins Ferry Groceries Costs Vs. Ohio
| Item | Martins Ferry | Ohio |
|---|---|---|
| Ground Beef | $5.7 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.52 | $4.67 |
| Potatoes | $5.47 | $4.93 |
| Pizza | $12.83 | $12.09 |
| Beer | $10.58 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Martins Ferry Health Costs Vs. Ohio
| Item | Martins Ferry | Ohio |
|---|---|---|
| Optometrist | $109.26 | $125.68 |
| Doctor | $100.92 | $135.78 |
| Dentist | $110.5 | $113.29 |
Detailed Martins Ferry Transportation Costs Vs. Ohio
| Item | Martins Ferry | Ohio |
|---|---|---|
| Gasoline | $3.73 | $3.46 |
| Tire Balancing | $64.05 | $59.92 |
Detailed Martins Ferry Utilities Costs Vs. Ohio
| Item | Martins Ferry | Ohio |
|---|---|---|
| All Electricity | $270.68 | $193.99 |
| Phone | $196.77 | $192.25 |
Martins Ferry SnackAbility
/10
Cost Of Living In Cities Around Martins Ferry
The cost of living varies in the cities and towns around Martins Ferry. Here's a quick look at the cost of living in the most populous nearby places:
Morristown, TN has a cost of living index of 84, 1.0x Martins Ferry.
Wheeling, WV has a cost of living index of 89, 1.0x Martins Ferry.
Steubenville, OH has a cost of living index of 85, 1.0x Martins Ferry.
| City | Population | Cost Of Living | Vs. Martins Ferry |
|---|---|---|---|
| Morristown, TN | 30,983 | 84 | 1.0x |
| Wheeling, WV | 26,670 | 89 | 1.0x |
| Steubenville, OH | 18,144 | 85 | 1.0x |
| Moundsville, WV | 7,934 | 83 | 1.0x |
| St. Clairsville, OH | 5,043 | 101 | 1.2x |
