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New Martinsville, WV vs Salem, WV

62
New Martinsville
West Virginia
VS
+12.4%
55
Salem
West Virginia

Salem is moderately more affordable than New Martinsville, with a 12.4% lower cost of living index. New Martinsville scores 62 compared to 55 for Salem, where the US average is 100. This difference means residents of New Martinsville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Martinsville is $718/month compared to $570/month in Salem — a 26% difference. Home values follow the same pattern: Salem is more affordable at $77,200 median vs $112,600.

Median household income in New Martinsville is $51,226 compared to $43,690 in Salem (+17.2%). While New Martinsville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Martinsville spend roughly 16.8% of their income on rent, more than the 15.7% in Salem.

Income & Cost

Cost of Living Index
New Martinsville
62
Salem
55
11% cheaper
Median Household Income
New Martinsville
$51,226
15% higher
Salem
$43,690

Housing

Median Rent
New Martinsville
$718
Salem
$570
21% cheaper
Median Home Value
New Martinsville
$112,600
Salem
$77,200
31% cheaper
Population
New Martinsville
5,175
Salem
1,812

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Martinsville $2.94
Salem
US $3.07
🥚
Eggs (grade A, large)
New Martinsville $2.39
Salem
US $2.50
🥛
Milk (whole)
New Martinsville $3.86
Salem
US $4.03
🍞
Bread (white)
New Martinsville $1.77
Salem
US $1.85
🍗
Chicken breast
New Martinsville $3.97
Salem
US $4.14
Electricity
New Martinsville $0.17
Salem
US $0.19