Housing costs in Martinsville?
A typical home costs
$103,600, which is 69.4% less expensive than the national average of
$338,100 and 69.8% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Martinsville costs
$810 per month, which is 42.1% cheaper than the national average of
$1,400 and 2.5% more than the state average of
$790.
Can I afford Martinsville?
To live comfortably in Martinsville (zip 24112), Virginia, a minimum annual income of
$19,800 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Martinsville?
The cost of living in 24112 Martinsville, VA is quite affordable compared to other parts of the country. The median home price in the area is around $125,000, which is much lower than the national average. Renting a one-bedroom apartment within city limits costs about $735 per month. Food and groceries are also relatively inexpensive as Martinsville has many local supermarkets and stores. While there are some higher end restaurants in town, there are many more affordable options available. Transportation expenses can vary greatly depending on whether you use public transportation or drive yourself, but overall it is relatively affordable compared to other cities of similar size and population.