Martins Ferry, OH Cost Of Living

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

Cost Of Living In Martins Ferry, OH Summary

Cost of living in Martins Ferry 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 Martins Ferry is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Ohio, 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 Martins Ferry is 87, with 100 being the average.

  • The cost of living index in Martins Ferry is 0.9x lower than the national average.

  • Martins Ferry ranks as the #89 cheapest in Ohio out of 286.

  • Martins Ferry ranks as the #1,101 cheapest out of 6,412 in the US.

  • The median home value in Martins Ferry is $80,600.

  • The median income in Martins Ferry is $41,005.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
87
Martins Ferry's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Martins Ferry, OH?

According to the most recent data on the cost of living, Martins Ferry has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.

Compared to Ohio, Martins Ferry has a cost of living index that's 1.0x lower than Ohio's index of 91.

The standard of living in Martins Ferry ranks as #89 most affordable out of the 286 places we measured in Ohio. By definition, that implies Martins Ferry ranks as the #197 most expensive place in the Buckeye State.

For more reading on life in Martins Ferry, check out:

89 out of 286
In Ohio
1,101 out of 6,412
In America

Martins Ferry Cost Of Living Vs. Ohio

Six factors go into calculating the cost of living index in Martins Ferry. Here is how it fairs on each of the criteria:

  • The Services index in Martins Ferry is 98.

  • The Groceries index in Martins Ferry is 107.

  • The Health index in Martins Ferry is 97.

  • The Housing index in Martins Ferry is 44.

  • The Transportation index in Martins Ferry is 117.

  • The Utilities index in Martins Ferry is 118.

Living Expense Martins Ferry Ohio National Average
Overall 87 91 100
Services 98 98 100
Groceries 107 101 100
Health 97 95 100
Housing 44 73 100
Transportation 117 98 100
Utilities 118 93 100
For more reading on cost of living around Ohio, check out:
Martins Ferry Cost of Living Vs. OH

Martins Ferry, OH Housing Cost Breakdown

Housing swings affordability the most between places in Ohio, 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 Martins Ferry is $80,600.

  • The Median Rent in Martins Ferry is $719.

  • The Median Income in Martins Ferry is $41,005.

  • The Home Value To Income in Martins Ferry is 2.0x.

  • The Rent To Monthly Income in Martins Ferry is 0.21x.

Statistic Martins Ferry Ohio United States
Median Home Value $80,600 $159,900 $244,900
Median Rent $719 $870 $1,163
Median Income $41,005 $61,938 $69,021
Home Value To Income 2.0x 2.6x 3.5x
Rent To Monthly Income 0.21x 0.17x 0.2x
Search Homes For Sale In Martins Ferry, OH
$80,600
Median Home Value
$719
Median Rent
$41,005
Median Income

Martins Ferry, OH Costs By Category

Detailed Martins Ferry Services Costs Vs. Ohio

Item Martins Ferry Ohio
Shampoo $1.16 $1.06
Movie $11.48 $10.68
Bowling $14.04 $14.67
Haircut $19.1 $18.62
Beauty Salon $34.18 $39.05

Detailed Martins Ferry Groceries Costs Vs. Ohio

Item Martins Ferry Ohio
Ground Beef $4.48 $4.22
Fried Chicken $1.61 $1.39
Milk $2.03 $2.05
Potatoes $4.39 $3.29
Pizza $10.96 $10.62
Beer $9.92 $9.38
Toothpaste $2.19 $2.34

Detailed Martins Ferry Health Costs Vs. Ohio

Item Martins Ferry Ohio
Optometrist $90.39 $108.57
Doctor $93.55 $116.17
Dentist $102.37 $99.13

Detailed Martins Ferry Transportation Costs Vs. Ohio

Item Martins Ferry Ohio
Gasoline $2.55 $2.22
Tire Balancing $61.08 $50.07

Detailed Martins Ferry Utilities Costs Vs. Ohio

Item Martins Ferry Ohio
All Electricity $210.66 $167.67
Phone $190.57 $175.64

Martins Ferry SnackAbility

6
/10
Overall SnackAbility
Jobs
4/10
Housing
4
Affordability
8.5
Diversity
6
Safety
8
Amenities
8.5
Education
6
Commute
8.5

Cost Of Living In Cities Around Martins Ferry

The cost of living varies in the cities and towns around Martins Ferry. Here's a quick look at the cost of living in the most populous nearby places:

  • Morristown, TN has a cost of living index of 85, 1.0x Martins Ferry.

  • Wheeling, WV has a cost of living index of 89, 1.0x Martins Ferry.

  • Steubenville, OH has a cost of living index of 91, 1.0x Martins Ferry.

City Population Cost Of Living Vs. Martins Ferry
Morristown, TN 30,387 85 1.0x
Wheeling, WV 27,142 89 1.0x
Steubenville, OH 18,122 91 1.0x
Moundsville, WV 8,195 85 1.0x
St. Clairsville, OH 5,121 97 1.1x

Articles About Ohio

Enjoy The Snack?