Cost of Living: Martinsville, IN vs Parksley, VA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Martinsville Parksley
Housing Index 95.0 115.5
Median Home Price $190,000 $215,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1120 $1645

Housing Comparison: Martinsville vs Parksley

  • The median home price in Parksley is higher at $215,000, compared to $190,000 in Martinsville.
  • In Parksley, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Martinsville.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Martinsville Parksley
Electricity Price $14.89 $15.31
Natural Gas Price $Data is updating $19.91
Other Utilities $250 $250

Utilities Comparison: Martinsville vs Parksley

  • Parksley has higher electricity costs at $15.31 per kWh, versus $14.89 in Martinsville.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Martinsville and Parksley averaging $250.