Cost of living in Martinez 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 Martinez is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, 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 Martinez is 90, with 100 being the average.
The cost of living index in Martinez is 0.9x lower than the national average.
Martinez ranks as the #62 cheapest in Georgia out of 154.
Martinez ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Martinez is $175,200.
The median income in Martinez is $80,243.
According to the most recent data on the cost of living, Martinez has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Georgia, Martinez has a cost of living index that's 1.0x higher than Georgia's index of 89.
The standard of living in Martinez ranks as #62 most affordable out of the 154 places we measured in Georgia. By definition, that implies Martinez ranks as the #92 most expensive place in the Peach State.
For more reading on life in Martinez, check out:
Six factors go into calculating the cost of living index in Martinez. Here is how it fairs on each of the criteria:
The Services index in Martinez is 95.
The Groceries index in Martinez is 92.
The Health index in Martinez is 91.
The Housing index in Martinez is 89.
The Transportation index in Martinez is 84.
The Utilities index in Martinez is 86.
Living Expense | Martinez | Georgia | National Average | |
---|---|---|---|---|
Overall | 90 | 89 | 100 | |
Services | 95 | 95 | 100 | |
Groceries | 92 | 96 | 100 | |
Health | 91 | 98 | 100 | |
Housing | 89 | 76 | 100 | |
Transportation | 84 | 90 | 100 | |
Utilities | 86 | 86 | 100 |
Housing swings affordability the most between places in Georgia, 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 Martinez is $175,200.
The Median Rent in Martinez is $1,091.
The Median Income in Martinez is $80,243.
The Home Value To Income in Martinez is 2.2x.
The Rent To Monthly Income in Martinez is 0.16x.
Statistic | Martinez | Georgia | United States |
---|---|---|---|
Median Home Value | $175,200 | $206,700 | $244,900 |
Median Rent | $1,091 | $1,110 | $1,163 |
Median Income | $80,243 | $65,030 | $69,021 |
Home Value To Income | 2.2x | 3.2x | 3.5x |
Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Martinez. Here's a quick look at the cost of living in the most populous nearby places:
Evans, GA has a cost of living index of 106, 1.2x Martinez.
North Augusta, SC has a cost of living index of 91, 1.0x Martinez.
Grovetown, GA has a cost of living index of 89, 1.0x Martinez.
City | Population | Cost Of Living | Vs. Martinez |
---|---|---|---|
Evans, GA | 38,452 | 106 | 1.2x |
North Augusta, SC | 24,013 | 91 | 1.0x |
Grovetown, GA | 15,608 | 89 | 1.0x |
Belvedere, SC | 5,330 | 81 | 0.9x |