Cost Of Living In Smithfield, WV

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	86	100
Index	Smithfield	West Virginia	National
Goods & Services index	100	100	100
Groceries index	101	101	100
Health care index	92	92	100
Housing index	30	60	100
Transportation index	97	97	100
Utilities index	88	88	100

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The cost of living in Smithfield is 11% 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 70% 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	$14,792	$1,233	$345	$444
Renters	$18,333	$1,528	$428	$550

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	$12.75	$15.56	18.1%
Beauty Salon	$32.72	$36.11	9.4%
Toothpaste	$2.55	$2.47	3.3%
Shampoo	$0.94	$0.96	2.2%
Movie	$10.20	$10.13	0.7%
Bowling	$4.17	$4.74	12.0%

Groceries

Item	Smithfield	National avg.	Difference
Ground Beef	$4.19	$3.98	5.2%
Fried Chicken	$1.46	$1.41	3.8%
Milk	$2.05	$2.06	0.8%
Potatoes	$3.45	$2.98	15.8%
Pizza	$9.00	$9.47	5.0%
Beer	$8.55	$8.79	2.8%

Health Care

Item	Smithfield	National avg.	Difference
Optometrist	$89.67	$101.04	11.3%
Doctor	$96.00	$107.44	10.6%
Dentist	$77.00	$90.42	14.8%
Ibuprofen	$8.91	$9.28	3.9%
Lipitor	$443.98	$426.50	4.1%

Housing

Item	Smithfield	National avg.	Difference
Home Price	$43,500.00	$175,700.00	75.2%
Avg. Mortgage Payment	$1,082.34	$1,133.23	4.5%
Apartment Rent	$375.00	$920.00	59.2%

Transportation

Item	Smithfield	National avg.	Difference
Gasoline	$2.13	$1.99	6.9%
Tire Balancing	$33.51	$45.76	26.8%

Utilities

Item	Smithfield	National avg.	Difference
All Electricity	$129.76	$163.81	20.8%
Phone	$28.66	$28.39	1.0%

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.
Gypsy, WV	386	73	-27%
Spelter, WV	519	74	-26%
Littleton, WV	172	78	-22%
Jacksonburg, WV	93	79	-21%
Pine Grove, WV	708	79	-21%
Smithfield, WV	166	77	-23%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Viola, KS	166	87	-13%
Iroquois, IL	166	79	-21%
Clacks Canyon, AZ	166	102	2%
Hardwick, MN	166	80	-20%
Meansville, GA	166	87	-13%
Smithfield, WV	166	77	-23%

Source: The Smithfield, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Smithfield, WV Cost of Living