New Martinsville, WV vs Terra Alta, WV

New Martinsville, WV and Terra Alta, WV have a very similar cost of living, with only a 0.9% difference in their overall index. New Martinsville scores 62 while Terra Alta scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in New Martinsville is $718/month compared to $744/month in Terra Alta — a 4% difference. Interestingly, home values tell a different story: while New Martinsville has cheaper rent, Terra Alta actually has lower median home values ($95,900 vs $112,600).

Median household income in New Martinsville is $51,226 compared to $50,035 in Terra Alta (+2.4%). New Martinsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Martinsville spend roughly 16.8% of their income on rent, less than the 17.8% in Terra Alta.