Martinsville is a city in Virginia with a population of 13,101. Increasing steadily. Most goods and services are affordable. To approximate the cost of living and the housing affordability in Martinsville, VA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). 8020% less expensive than the US average. Compared to only Virginia, Martinsville has a cost of living index that's 0.7x lower than Virginia's index of 107.. Decreasing rapidly. Find out where to live in and near Martinsville, VA. ... A Martinsville Cost of Living Cost of living is 25% lower than Virginia. It's also important to consider median household incomes to make apples-to-apples comparisons across locations. Poor. Click here to create an account…, The cost of living in Martinsville is 20% lower than the national average, Virginia general sales tax is 4% higher than the national average, Virginia state income tax is 19% lower than the national average. The information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. Cost Of Living In Cities Around Martinsville, Search Homes For Sale In Martinsville, VA. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. You'll have to take out a loan to live here. As of the 2010 census, the population was 13,821. The cost of food in Martinsville is less expensive than the United States average and earns a score of, The cost of transportation in Martinsville is less expensive than the United States average and earns a score of, The cost of housing in Martinsville is less expensive than the United States average and earns a score of. It is the county seat of Henry County, although the two are separate jurisdictions. Discover what it's like living in Martinsville, VA with the AreaVibes Livability Score. Our cost of living indices are based on a US average of 100. The renters in the city have an income of about $21,737, which would make their monthly maximum allowable rental costs $507. According to the ACCRA Cost of Living index, Martinsville's composite index score is 84.3 (national average = 100). An index above 100 means Martinsville is expensive, while a number below 100 means it's a relatively cheap place to live. Decreasing steadily. Everything is more expensive than I'd like. Is the cost of living increasing or decreasing in Martinsville? The standard of living in Martinsville ranks as #226 most affordable out of the 6522 places we measured in Virginia. Martinsville cost of living is 71.2 Patent Numbers US 6,862,596 and 7,647,322. Housing swings affordability the most between places in Virginia, so we broke down the statistics around housing costs into more detail.

The cost of living in Martinsville is 25% lower than the Virginia average; The cost of living in Martinsville is 20% lower than the national average; Martinsville housing is 46% lower than the national average; Virginia general sales tax is 4% higher than the national average; Virginia state income tax is 19% lower than the national average Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,090 per month to avoid calamity and poverty. Customer Service/Sales associates provide fast, friendly service by actively seeking out customers to assess their needs and provide assistance. An amount below 100 means Martinsville is cheaper than the US average. Not registered? Compare cost of living in Martinsville with factors like salaries, housing expenses, groceries, utilities and more. The standard of living in Martinsville ranks as #226 most affordable out of the 6522 places we measured in Virginia. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Awful. A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. Cost of Living in Kernersville, North Carolina: 46.58 miles: Cost of Living in Greensboro, North Carolina: 48.98 miles: Cost of Living in Roanoke, Virginia: 51.11 miles: Cost of Living in Winston-Salem, North Carolina: 54.68 miles: Cost of Living in High Point, North Carolina: 56.69 miles: Cost of Living in Thomasville, Georgia: 65.53 miles All rights reserved. Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis. Cost of Living in Martinsville, Virginia . For more reading on life in Martinsville, check out: © Chasing Chains, LLC. Customer Service Representative with account / tax experience ($ 15. The cost of living index is set to 100 for the average place in America. Prices are increasing, but at a reasonable rate. Martinsville is the principal city of the Martinsville... ERI's Geographic Assessor software makes it easy to calculate geographic cost of labor differentials for setting branch office salary structures and more. Try a free demo of the cloud-based Relocation Assessor.

Martinsville. I can barely keep up with the increasing prices. The Monteith Group specializes in a niche market within the life insurance industry. How would you rate the cost of living in Martinsville? The cost of living in Martinsville-Henry County, Virginia is very low. We have a concentrated focus in helping families who have recently purchased or refinanced their homes and are ... Job Purpose: Provides office services by implementing administrative systems, procedures, and policies, and monitoring administrative projects. What is the cost of living in Martinsville, VA? Other Patents Pending. Good. Add up your past jobs, education, and experience and find your market rate. Excellent.

The labor force is estimated by the number of employed people plus the unemployed who are looking for work. The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. Martinsville is an independent city near the southern border of the Commonwealth of Virginia. Shown below is a comparison of Martinsville-Henry County against the National Average for specific consumer categories: According to the most recent data on the cost of living, Martinsville has an overall cost of living index of 80 which is 0.8x lower than the national index of 100. To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Home and income come data comes from the most recent US Census ACS 2014-2018. According to the most recent data on the cost of living, Martinsville has an overall cost of living index of 80 which is 0.8x lower than the national index of 100. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. A cost of living index above 100 means Martinsville, Virginia is more expensive.

These associates learn about products using our tools ... 2020 © ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Virginia. Costs of goods and services are declining. By definition, that implies Martinsville ranks as the #6180 most expensive place in the Old Dominion. Costs are dropping at a rapid rate.

This number does not include the jobless who aren't looking for work. Increasing rapidly. The Bureau of Economic Analysis combines the city of Martinsville with Henry County for statistical purposes. We aim to deliver bite-sized pieces of infotainment about where you live. Compared to only Virginia, Martinsville has a cost of living index that's 0.7x lower than Virginia's index of 107.