Martinsburg, WV Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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 96, with 100 being the average.

  • The cost of living index in Martinsburg is 1.0x lower than the national average.

  • Martinsburg ranks as the #27 cheapest in West Virginia out of 31.

  • Martinsburg ranks as the #2,601 cheapest out of 6,412 in the US.

  • The median home value in Martinsburg is $164,100.

  • The median income in Martinsburg is $45,901.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
96
Martinsburg's Overall Cost Of Living
1.0x
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 96, 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 89.

The standard of living in Martinsburg ranks as #27 most affordable out of the 31 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:

27 out of 31
In West Virginia
2,601 out of 6,412
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 102.

  • The Groceries index in Martinsburg is 96.

  • The Health index in Martinsburg is 100.

  • The Housing index in Martinsburg is 84.

  • The Transportation index in Martinsburg is 92.

  • The Utilities index in Martinsburg is 101.

Living Expense Martinsburg West Virginia National Average
Overall 96 89 100
Services 102 96 100
Groceries 96 98 100
Health 100 99 100
Housing 84 69 100
Transportation 92 100 100
Utilities 101 95 100
For more reading on cost of living around West Virginia, check out:
Martinsburg Cost of Living Vs. WV

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 2017-2021. The key points are:

  • The Median Home Value in Martinsburg is $164,100.

  • The Median Rent in Martinsburg is $1,020.

  • The Median Income in Martinsburg is $45,901.

  • The Home Value To Income in Martinsburg is 3.6x.

  • The Rent To Monthly Income in Martinsburg is 0.27x.

Statistic Martinsburg West Virginia United States
Median Home Value $164,100 $128,800 $244,900
Median Rent $1,020 $770 $1,163
Median Income $45,901 $50,884 $69,021
Home Value To Income 3.6x 2.5x 3.5x
Rent To Monthly Income 0.27x 0.18x 0.2x
Search Homes For Sale In Martinsburg, WV
$164,100
Median Home Value
$1,020
Median Rent
$45,901
Median Income

Martinsburg, WV Costs By Category

Detailed Martinsburg Services Costs Vs. West Virginia

Item Martinsburg West Virginia
Shampoo $1.49 $1.06
Movie $10.46 $10.68
Bowling $16.33 $14.67
Haircut $10.53 $18.62
Beauty Salon $31.08 $39.05

Detailed Martinsburg Groceries Costs Vs. West Virginia

Item Martinsburg West Virginia
Ground Beef $4.13 $4.22
Fried Chicken $1.22 $1.39
Milk $2.23 $2.05
Potatoes $3.01 $3.29
Pizza $11.5 $10.62
Beer $10.99 $9.38
Toothpaste $3.41 $2.34

Detailed Martinsburg Health Costs Vs. West Virginia

Item Martinsburg West Virginia
Optometrist $111.67 $108.57
Doctor $108.27 $116.17
Dentist $108.44 $99.13

Detailed Martinsburg Transportation Costs Vs. West Virginia

Item Martinsburg West Virginia
Gasoline $2.28 $2.22
Tire Balancing $37.25 $50.07

Detailed Martinsburg Utilities Costs Vs. West Virginia

Item Martinsburg West Virginia
All Electricity $171.46 $167.67
Phone $177.97 $175.64

Martinsburg SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
8
Affordability
5
Diversity
8
Safety
N/A
Amenities
9
Education
7
Commute
5

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 153, 1.6x Martinsburg.

  • North Potomac, MD has a cost of living index of 167, 1.7x Martinsburg.

  • Franklin Farm, VA has a cost of living index of 167, 1.7x Martinsburg.

City Population Cost Of Living Vs. Martinsburg
Clarksburg, MD 27,354 153 1.6x
North Potomac, MD 24,449 167 1.7x
Franklin Farm, VA 18,906 167 1.7x
Broadlands, VA 14,835 163 1.7x
Dranesville, VA 11,951 165 1.7x
Lowes Island, VA 11,272 163 1.7x
Travilah, MD 11,052 227 2.4x
Belmont, VA 9,589 188 2.0x
Floris, VA 7,592 177 1.8x
Darnestown, MD 6,647 174 1.8x

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