Martinsburg, WV Cost Of Living
Cost Of Living In Martinsburg, WV Summary
Cost of living in Martinsburg 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 Martinsburg is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in West Virginia, 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 Martinsburg is 100, with 100 being the average.
The cost of living index in Martinsburg is 1.0x lower than the national average.
Martinsburg ranks as the #26 cheapest in West Virginia out of 30.
Martinsburg ranks as the #2,621 cheapest out of 6,489 in the US.
The median home value in Martinsburg is $303,331.
The median income in Martinsburg is $54,590.
Table Of Contents
Martinsburg's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Martinsburg, WV?
According to the most recent data on the cost of living, Martinsburg has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to West Virginia, Martinsburg has a cost of living index that's 1.1x higher than West Virginia's index of 87.
The standard of living in Martinsburg ranks as #26 most affordable out of the 30 places we measured in West Virginia. By definition, that implies Martinsburg ranks as the #4 most expensive place in the Mountain State.
For more reading on life in Martinsburg, check out:
In West Virginia
In America
Martinsburg Cost Of Living Vs. West Virginia
Six factors go into calculating the cost of living index in Martinsburg. Here is how it fairs on each of the criteria:
The Services index in Martinsburg is 110.
The Groceries index in Martinsburg is 109.
The Health index in Martinsburg is 98.
The Housing index in Martinsburg is 92.
The Transportation index in Martinsburg is 96.
The Utilities index in Martinsburg is 108.
| Living Expense | Martinsburg | West Virginia | National Average | |
|---|---|---|---|---|
| Overall | 100 | 87 | 100 | |
| Services | 110 | 95 | 100 | |
| Groceries | 109 | 99 | 100 | |
| Health | 98 | 96 | 100 | |
| Housing | 92 | 62 | 100 | |
| Transportation | 96 | 93 | 100 | |
| Utilities | 108 | 95 | 100 | |
Martinsburg, WV Housing Cost Breakdown
Housing swings affordability the most between places in West Virginia, 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 Martinsburg is $303,331.
The Median Rent in Martinsburg is $1,090.
The Median Income in Martinsburg is $54,590.
The Home Value To Income in Martinsburg is 5.6x.
The Rent To Monthly Income in Martinsburg is 0.24x.
| Statistic | Martinsburg | West Virginia | United States |
|---|---|---|---|
| Median Home Value | $303,331 | $170,604 | $303,400 |
| Median Rent | $1,090 | $850 | $1,348 |
| Median Income | $54,590 | $57,917 | $78,538 |
| Home Value To Income | 5.6x | 2.9x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Martinsburg, WV Costs By Category
Detailed Martinsburg Services Costs Vs. West Virginia
| Item | Martinsburg | West Virginia |
|---|---|---|
| Shampoo | $1.51 | $1.28 |
| Movie | $15.69 | $12.13 |
| Bowling | $24.83 | $18 |
| Haircut | $26.11 | $24.26 |
| Beauty Salon | $70.08 | $45.56 |
Detailed Martinsburg Groceries Costs Vs. West Virginia
| Item | Martinsburg | West Virginia |
|---|---|---|
| Ground Beef | $6.24 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.49 | $4.93 |
| Pizza | $12.56 | $12.09 |
| Beer | $11.1 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
Detailed Martinsburg Health Costs Vs. West Virginia
| Item | Martinsburg | West Virginia |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $135.03 | $135.78 |
| Dentist | $117.67 | $113.29 |
Detailed Martinsburg Transportation Costs Vs. West Virginia
| Item | Martinsburg | West Virginia |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $59.0 | $59.92 |
Detailed Martinsburg Utilities Costs Vs. West Virginia
| Item | Martinsburg | West Virginia |
|---|---|---|
| All Electricity | $222.47 | $193.99 |
| Phone | $197.37 | $192.25 |
Martinsburg SnackAbility
/10
Cost Of Living In Cities Around Martinsburg
The cost of living varies in the cities and towns around Martinsburg. Here's a quick look at the cost of living in the most populous nearby places:
Clarksburg, MD has a cost of living index of 152, 1.5x Martinsburg.
North Potomac, MD has a cost of living index of 172, 1.7x Martinsburg.
Franklin Farm, VA has a cost of living index of 171, 1.7x Martinsburg.
| City | Population | Cost Of Living | Vs. Martinsburg |
|---|---|---|---|
| Clarksburg, MD | 29,246 | 152 | 1.5x |
| North Potomac, MD | 23,994 | 172 | 1.7x |
| Franklin Farm, VA | 18,509 | 171 | 1.7x |
| Broadlands, VA | 14,673 | 166 | 1.7x |
| Dranesville, VA | 11,860 | 170 | 1.7x |
| Lowes Island, VA | 11,199 | 170 | 1.7x |
| Travilah, MD | 11,128 | 224 | 2.2x |
| Belmont, VA | 9,525 | 169 | 1.7x |
| Floris, VA | 7,135 | 179 | 1.8x |
| Darnestown, MD | 6,835 | 192 | 1.9x |
