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.
IndexSmithfieldWest VirginiaNational
Cost of living index7384100
IndexSmithfieldWest VirginiaNational
Goods & Services index100100100
Groceries index9191100
Health care index8888100
Housing index2462100
Transportation index8787100
Utilities index8989100
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Did you know?

  • The cost of living in Smithfield is 13% lower than the West Virginia average.
  • The cost of living in Smithfield is 27% 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.

Compare Smithfield, WV Cost of living To Other Cities

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      This is how much you would need to earn in
      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$21,389$1,782$499$642
      Renters$0$0$0$0

      West Virginia Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      West Virginia6%7%

      West Virginia Income Tax

      StateIncome Tax (Low)Income Tax (High)
      West Virginia3%6.5%

      Goods & Services

      ItemSmithfieldNational avg.Difference
      Haircut $15.62$17.4910.7%
      Beauty Salon $33.53$38.1712.2%
      Toothpaste $2.22$2.324.3%
      Shampoo $1.17$1.0115.6%
      Movie $12.53$10.7216.8%
      Bowling $13.33$13.863.8%

      Groceries

      ItemSmithfieldNational avg.Difference
      Ground Beef $4.23$3.908.5%
      Fried Chicken $1.34$1.404.0%
      Milk $1.53$1.9622.0%
      Potatoes $2.70$3.1815.2%
      Pizza $9.85$10.395.2%
      Beer $8.85$9.234.1%

      Health Care

      ItemSmithfieldNational avg.Difference
      Optometrist $99.07$106.346.8%
      Doctor $90.46$115.2521.5%
      Dentist $89.59$98.388.9%
      Ibuprofen $8.20$9.2611.5%
      Lipitor $434.57$466.476.8%

      Housing

      ItemSmithfieldNational avg.Difference
      Home Price $45,000.00$184,700.0075.6%
      Avg. Mortgage Payment $1,194.88$1,273.326.2%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      ItemSmithfieldNational avg.Difference
      Gasoline $2.46$2.595.0%
      Tire Balancing $36.67$48.9025.0%

      Utilities

      ItemSmithfieldNational avg.Difference
      All Electricity$139.66$167.6016.7%
      Phone $174.84$163.427.0%
      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, StatePopulationCost of Living IndexNational Avg.
      Littleton, WV12694-6%
      Gypsy, WV30270-30%
      Wallace, WV28076-24%
      Jacksonburg, WV11276-24%
      Hepzibah, WV51077-23%
      Smithfield, WV15073-27%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Indian Village, IN15095-5%
      Deering, AK15011010%
      Sacate Village, AZ15080-20%
      Amanda Park, WA15091-9%
      Rock Falls, IA15088-12%
      Smithfield, WV15073-27%
      Source: The Smithfield, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.