Martinsburg cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMartinsburgWest VirginiaNational
Cost of living index9691100
IndexMartinsburgWest VirginiaNational
Goods & Services index108111100
Groceries index10095100
Health care index9996100
Housing index8460100
Transportation index94107100
Utilities index9493100
The above illustration supplies generalized information for the Martinsburg, WV cost of living index. Compared to other cities in West Virginia and cities across the country, the cost of living index in Martinsburg, WV is 96, which is 6% higher than the West Virginia average and 4% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Martinsburg, WV are 3% lower than the average for West Virginia and 8% higher than the rest of the country.

Did you know?

  • The cost of living in Martinsburg is 6% higher than the West Virginia average.
  • The cost of living in Martinsburg is 4% lower than the national average.
  • The cost of housing in Martinsburg is 16% lower than the national average.
  • West Virginia general sales tax is 18% higher than the national average.
  • West Virginia state income tax is 35% higher than the national average.

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Compare Martinsburg, WV Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Martinsburg, WV to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Martinsburg, WV, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Martinsburg, WV salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$57,813$4,818$1,349$1,735
Renters$24,847$2,071$580$745
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Martinsburg, WV, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Martinsburg, WV homeowners have a median income of $57,813. Using that number, you will come up with a maximum of $1,349 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $24,847, which means there is a maximum of $580 to be spent on the costs of renting a home or apartment.

West Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax
West Virginia6%7%

West Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
West Virginia3%6.5%
The West Virginia sales tax and West Virginia income tax rates should definitely be considered when determining the overall cost of living in Martinsburg, WV. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The West Virginia sales tax is 6% and the maximum surtax is 7%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The West Virginia income tax rates range from 3% to 6.5%.

Goods & Services

ItemMartinsburgNational avg.Difference
Haircut $10.20$14.5930.1%
Beauty Salon $30.00$34.6813.5%
Toothpaste $3.99$2.4761.3%
Shampoo $1.27$1.0224.3%
Movie $8.67$9.8712.1%
Bowling $4.50$4.392.5%

Groceries

ItemMartinsburgNational avg.Difference
Ground Beef $4.51$4.480.7%
Fried Chicken $1.41$1.463.7%
Milk $2.37$2.360.6%
Potatoes $3.19$3.064.2%
Pizza $9.25$9.240.1%
Beer $8.98$8.634.0%

Health Care

ItemMartinsburgNational avg.Difference
Optometrist $86.50$99.7813.3%
Doctor $104.33$105.030.7%
Dentist $98.50$88.7011.0%
Ibuprofen $9.82$9.414.3%
Lipitor $241.66$298.5019.0%

Housing

ItemMartinsburgNational avg.Difference
Home Price $145,700.00$175,700.0017.1%
Avg. Mortgage Payment $1,057.42$1,081.032.2%
Apartment Rent $783.00$920.0014.9%

Transportation

ItemMartinsburgNational avg.Difference
Gasoline $2.13$2.091.9%
Tire Balancing $32.59$45.2928.0%

Utilities

ItemMartinsburgNational avg.Difference
All Electricity$157.12$170.808.0%
Phone $27.03$28.264.3%
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.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Bakersville, MD01022%
Kemps Mill, MD861022%
Ernstville, MD01022%
Big Pool, MD531022%
Indian Springs, MD501022%
Martinsburg, WV17,50896-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lindenwold, NJ17,5121066%
El Reno, OK17,51582-18%
Springboro, OH17,4991066%
Bay City, TX17,49982-18%
Clarksdale, MS17,49777-23%
Martinsburg, WV17,50896-4%
Source: The Martinsburg, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.