Housing costs in Martinsville?
A typical home costs
$102,100, which is 69.8% less expensive than the national average of
$338,100 and 70.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Martinsville costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 77.2% cheaper than the state average of
$1,400.
Can I afford Martinsville?
To live comfortably in Martinsville Virgi Metro Area, Virginia, a minimum annual income of
$19,440 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Martinsville?
The cost of living in the Martinsville, VA Metro Area is significantly lower than the US average, at 70.7 compared to 100. This means that it is much more affordable to live in this area than other parts of the country. Furthermore, the house median value of $102,100 reflects this low cost of living: it is considerably lower than the US average, which stands at $338,100. For those looking for an affordable place to call home without sacrificing quality of life, Martinsville is an excellent option.