Big Stone Gap, VA vs Martinsville, VA

Martinsville is moderately more affordable than Big Stone Gap, with a 8.5% lower cost of living index. Big Stone Gap scores 69 compared to 63 for Martinsville, where the US average is 100. This difference means residents of Big Stone Gap can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Big Stone Gap is $823/month compared to $784/month in Martinsville — a 5% difference. Home values follow the same pattern: Martinsville is more affordable at $92,500 median vs $169,900.

Median household income in Big Stone Gap is $51,059 compared to $42,434 in Martinsville (+20.3%). While Big Stone Gap is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Big Stone Gap spend roughly 19.3% of their income on rent, less than the 22.2% in Martinsville.