Martinsville, VA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
80
Martinsville's Overall Cost Of Living
0.8x
Lower Than The National Average
2 out of 187
In Virginia
226 out of 6,399
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, VA?

According to the most recent data on the cost of living, Martinsville has an overall cost of living index of 80 which is 0.8x lower than the national index of 100.

Compared to only Virginia, Martinsville has a cost of living index that's 0.7x lower than Virginia's index of 107.

The standard of living in Martinsville ranks as #226 most affordable out of the 6,522 places we measured in Virginia. By definition, that implies Martinsville ranks as the #6,180 most expensive place in the Old Dominion.

For more reading on life in Martinsville, check out:

Martinsville Cost Of Living Vs. Virginia

Living Expense Martinsville Virginia National Average
Overall 80 107 100
Services 93 99 100
Groceries 93 96 100
Health 89 97 100
Housing 54 130 100
Transportation 87 90 100
Utilities 91 100 100
For more reading on cost of living around Virginia, check out:
Martinsville Cost of Living Vs. VA

Martinsville, VA Housing Cost Breakdown

Housing swings affordability the most between places in Virginia, 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.

$87,700
Median Home Value
$656
Median Rent
$34,371
Median Income
Statistic Martinsville Virginia United States
Median Home Value $87,700 $273,100 $217,500
Median Rent $656 $1,234 $1,062
Median Income $34,371 $74,222 $62,843
Home Value To Income 2.6x 3.7x 3.5x
Rent To Monthly Income 0.23x 0.2x 0.2x

Detailed Martinsville Services Costs Vs. Virginia

Item Martinsville Virginia
Shampoo $0.92 $1.01
Movie $7.0 $10.72
Bowling $13.5 $13.86

Detailed Martinsville Groceries Costs Vs. Virginia

Item Martinsville Virginia
Ground Beef $3.6 $3.9
Fried Chicken $0.88 $1.4
Milk $1.83 $1.96

Detailed Martinsville Health Costs Vs. Virginia

Item Martinsville Virginia
Haircut $16.5 $17.49
Beauty Salon $24.67 $38.17
Toothpaste $2.08 $2.32

Detailed Martinsville Transportation Costs Vs. Virginia

Item Martinsville Virginia
Potatoes $3.25 $3.18
Pizza $11.99 $10.39
Beer $9.26 $9.23
Optometrist $95.33 $106.34
Doctor $103.75 $115.25
Dentist $80.33 $98.38

Detailed Martinsville Utilities Costs Vs. Virginia

Item Martinsville Virginia
Gasoline $2.41 $2.59
Tire Balancing $38.67 $48.9
All Electricity $144.37 $167.6
Phone $175.14 $163.42

Martinsville SnackAbility

3
/10
Overall SnackAbility
Jobs
5/10
Housing
4
Affordability
7
Diversity
9.5
Safety
4
Amenities
8
Education
6
Commute
8.5

Cost Of Living In Cities Around Martinsville

City Population Cost Of Living Vs. Martinsville
Greensboro, NC 291,303 93 1.2x
Winston-Salem, NC 244,115 93 1.2x
Cave Spring, VA 26,001 97 1.2x
Kernersville, NC 24,576 96 1.2x
Elon, NC 11,516 107 1.3x
Summerfield, NC 11,151 116 1.4x
Collinsville, VA 7,665 83 1.0x
Gibsonville, NC 7,127 93 1.2x
King, NC 6,961 92 1.1x
Oak Ridge, NC 6,901 115 1.4x

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