Martinsville, NJ Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Martinsville cost of living score
131.6
More expensive
31.6% higher
than the US average
9.8% higher
than the New Jersey average
Martinsville, New Jersey gets a BestPlaces Cost of Living score of 131.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.6% higher than the U.S. average and 9.8% lower than the average for New Jersey.

Martinsville, NJ

Housing costs in Martinsville?
A typical home costs $675,800, which is 99.9% more expensive than the national average of $338,100 and 56.4% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Martinsville costs $2,060 per month, which is 44.1% more than the national average of $1,430 and 17.0% more than the state average of $1,710.

Can I afford Martinsville?
To live comfortably in Martinsville, New Jersey, a minimum annual income of $129,600 for a family, and $65,200 for a single person is recommended.

What does A.I. say about Martinsville?
The cost of living in Martinsville, NJ is relatively low compared to other parts of New Jersey. The area has an average cost of goods and services that is 5.7% lower than the national average. Housing costs are also lower, with the median home price being close to $400,000 which is much less expensive than the NJ state median. Utilities and transportation costs are generally more affordable than other places in New Jersey, meaning that residents can take advantage of a higher quality of life at a lower cost. Overall, Martinsville offers a great balance between affordability and quality of life for its residents.
   Cost of living score
     CategoriesMartinsvilleNew JerseyUnited States
  131.6119.8100.0
  107.1105.8100
  97.596.9100.0
  212.9136.4100.0
  $675,800$432,100$338,100
  105.8%109.2%100.0%
  140.6127.7100.0
  143.1112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Martinsville, NJ cost of living
Compare food, housing, utilities, and more in Martinsville, New Jersey to any other city in the US.