Smithfield, WV Cost Of Living

Smithfield cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Smithfield	West Virginia	National
Cost of living index	77	88	100
Index	Smithfield	West Virginia	National
Goods & Services index	102	102	100
Groceries index	103	103	100
Health care index	91	91	100
Housing index	24	62	100
Transportation index	98	98	100
Utilities index	88	88	100

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The cost of living in Smithfield is 13% lower than the West Virginia average.
The cost of living in Smithfield is 23% lower than the national average.
The cost of housing in Smithfield is 76% lower than the national average.
West Virginia general sales tax is 18% higher than the national average.
West Virginia state income tax is 35% higher than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$21,389	$1,782	$499	$642
Renters	$0	$0	$0	$0

West Virginia Sales Tax

State	General Sales Tax	With Max Surtax
West Virginia	6%	7%

West Virginia Income Tax

State	Income Tax (Low)	Income Tax (High)
West Virginia	3%	6.5%

Goods & Services

Item	Smithfield	National avg.	Difference
Haircut	$13.33	$16.09	17.1%
Beauty Salon	$35.37	$37.33	5.2%
Toothpaste	$2.38	$2.45	2.9%
Shampoo	$1.08	$1.00	8.3%
Movie	$11.03	$10.28	7.3%
Bowling	$3.82	$4.93	22.5%

Groceries

Item	Smithfield	National avg.	Difference
Ground Beef	$4.07	$3.80	7.0%
Fried Chicken	$1.33	$1.40	5.0%
Milk	$1.55	$2.01	22.8%
Potatoes	$3.34	$3.01	11.0%
Pizza	$8.99	$9.89	9.1%
Beer	$8.82	$8.90	0.9%

Health Care

Item	Smithfield	National avg.	Difference
Optometrist	$94.75	$102.16	7.3%
Doctor	$91.50	$108.36	15.6%
Dentist	$82.50	$92.53	10.8%
Ibuprofen	$9.05	$9.28	2.5%
Lipitor	$434.36	$425.82	2.0%

Housing

Item	Smithfield	National avg.	Difference
Home Price	$45,000.00	$184,700.00	75.6%
Avg. Mortgage Payment	$1,131.50	$1,202.44	5.9%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Smithfield	National avg.	Difference
Gasoline	$2.41	$2.24	7.5%
Tire Balancing	$36.03	$46.29	22.2%

Utilities

Item	Smithfield	National avg.	Difference
All Electricity	$133.01	$165.96	19.9%
Phone	$28.31	$28.68	1.3%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Littleton, WV	126	99	-1%
Gypsy, WV	302	74	-26%
Wallace, WV	280	80	-20%
Jacksonburg, WV	112	80	-20%
Hepzibah, WV	510	80	-20%
Smithfield, WV	150	77	-23%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Bearcreek, MT	150	94	-6%
Tallapoosa, MO	150	91	-9%
Bowers, PA	150	102	2%
Pierpont, SD	150	82	-18%
Box, OK	150	81	-19%
Smithfield, WV	150	77	-23%

Source: The Smithfield, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Smithfield, WV Cost of Living