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Martinsville, VA vs Oakton, VA

63
Martinsville
Virginia
VS
-63.4%
173
Oakton
Virginia

The cost of living difference between Martinsville, VA and Oakton, VA is dramatic. Martinsville is 63.4% cheaper than Oakton, a gap that translates to thousands of dollars per year in household expenses. Martinsville has a cost index of 63 while Oakton sits at 173, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Martinsville is $784/month compared to $2,333/month in Oakton — a 66% difference. Home values follow the same pattern: Martinsville is more affordable at $92,500 median vs $776,700.

Median household income in Martinsville is $42,434 compared to $163,662 in Oakton (-74.1%). While Oakton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Martinsville spend roughly 22.2% of their income on rent, more than the 17.1% in Oakton.

Income & Cost

Cost of Living Index
Martinsville
63
63% cheaper
Oakton
173
Median Household Income
Martinsville
$42,434
Oakton
$163,662
74% higher

Housing

Median Rent
Martinsville
$784
66% cheaper
Oakton
$2,333
Median Home Value
Martinsville
$92,500
88% cheaper
Oakton
$776,700
Population
Martinsville
13,584
Oakton
36,776

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Martinsville $2.98
Oakton $3.26
US $3.07
🥚
Eggs (grade A, large)
Martinsville $2.43
Oakton $2.66
US $2.50
🥛
Milk (whole)
Martinsville $3.91
Oakton $4.28
US $4.03
🍞
Bread (white)
Martinsville $1.80
Oakton $1.97
US $1.85
🍗
Chicken breast
Martinsville $4.02
Oakton $4.41
US $4.14
Electricity
Martinsville $0.17
Oakton $0.20
US $0.19