This paper presents the realization of Nonstandard Finite Difference Time Domain (NS-FDTD) analysis having high accuracy and low computational cost to a negative permittivity metamaterial wire medium for the first time. A sine wave of frequency less than that of plasma frequency of the medium which is in the shape of a slab reflector is allowed to interact after identifying the exact values of the required stability condition of the NS-FDTD. The electric field distribution around the plasma slab obtained for a particular excitation point using NS-FDTD and standard FDTD are demonstrated which show obvious advantages of this high accuracy algorithm. This novel technique may be further extended to various dispersive and metamaterial structures.