Cost of Living in Smithfield, KY

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13%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
36%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Smithfield Kentucky National
Cost of living8788100
Groceries9898100
Health care9597100
Housing6470100
Transportation9996100
Utilities9995100
Lifestyle & Entertainment9295100
Household Items9597100
Education & Childcare10194100
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Homes For Sale In Smithfield, KY

property for sale

155 Fishermans Vw

Smithfield, KY
property for sale

33 Barnwood LN

Smithfield, KY
property for sale

186 Blakemore Ln

Smithfield, KY
property for sale

Lot 75 Silo View CIR

Smithfield, KY
See the Newest Homes For Sale In Smithfield, KY

Cost Of Living Quick Facts

  • The cost of living in Smithfield is 1% lower than the Kentucky average
  • The cost of living in Smithfield is 13% lower than the national average
  • Smithfield housing is 36% lower than the national average
  • Kentucky general sales tax is 18% higher than the national average
  • Kentucky state income tax is 73% higher than the national average

Most Affordable Places to Live in and Around Smithfield

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Compare Smithfield, KY Cost of Living

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      Salary Calculator

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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$90,699$7,558$2,116$2,721
      Renters$46,687$3,891$1,089$1,401

      Kentucky Sales Tax

      State General Sales Tax With Max Surtax
      Kentucky 6% 6%

      Kentucky Income Tax

      State Income Tax (Low) Income Tax (High)
      Kentucky 4.5% 4.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Bedford, KY4098119.0%
      Campbellsburg, KY1,0468713.1%
      New Castle, KY1,0728712.7%
      Eminence, KY2,6409010.2%
      Pleasureville, KY1,4569010.1%
      Smithfield, KY2178713.0%

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      Allakaket, AK217927.8%
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      Ogden, AR2177821.6%
      Tollette, AR2178614.3%
      Valley Home, CA21717271.8%
      Smithfield, KY2178713.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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