Cost of Living in Smithville, NJ

Get 300+ Local Insights for Any Address in Smithville, NJ

Get Access to 300+ Local Data Points
C-
10%
Overall NAT. AVG.
8%
Groceries NAT. AVG.
8%
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 Smithville New Jersey National
Cost of living110125100
Groceries108108100
Health care110112100
Housing108157100
Transportation114114100
Utilities112111100
Lifestyle & Entertainment114113100
Household Items104107100
Education & Childcare119120100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Smithville, NJ

property for sale

525 Salem Way

Galloway, NJ
property for sale

110 Southport Ct

Galloway, NJ
property for sale

63 Driftwood Ct #34

Galloway, NJ
property for sale

B:1223/L:11.02 N New York Rd

Galloway, NJ

Cost Of Living Quick Facts

  • The cost of living in Smithville is 12% lower than the New Jersey average
  • The cost of living in Smithville is 10% higher than the national average
  • Smithville housing is 8% higher than the national average
  • New Jersey general sales tax is 30% higher than the national average
  • New Jersey state income tax is 46% lower than the national average

Most Affordable Places to Live in and Around Smithville

See all the best places to live around Smithville

Compare Smithville, NJ Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Smithville?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Smithville?
      Write a review to give others more information about this area.
      See all Smithville poll results

      The best places in New Jersey

      Here are the best places to live in New JerseyThese are the largest cities in New JerseyCheck out the 10 safest cities in New JerseyCheck out the 10 most dangerous cities in New Jersey
      Best Places in New Jersey

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      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$101,722$8,477$2,373$3,052
      Renters$67,955$5,663$1,586$2,039
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Smithville, NJ, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Smithville homeowners, is $101,722. This would allow for a maximum of $2,373 per month to be spent on housing costs. For renters, the median monthly income is $67,955 which would result in a maximum of $1,586 to be spent on rental costs.

      New Jersey Sales Tax

      State General Sales Tax With Max Surtax
      New Jersey 6.625% 12.625%

      New Jersey Income Tax

      State Income Tax (Low) Income Tax (High)
      New Jersey 1.4% 10.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Elwood, NJ1,2751011.3%
      Egg Harbor City, NJ4,1751033.4%
      Pleasantville, NJ20,9271043.5%
      Atlantic City, NJ38,8101044.2%
      Pomona, NJ7,9801077.5%
      Smithville, NJ9,06711010.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Monmouth, IL9,0668416.2%
      Miramar Beach, FL9,07213333.0%
      Champlain, ON9,072n/a 
      Pulaski, VA9,058927.8%
      Pingree Grove, IL9,07611616.3%
      Smithville, NJ9,06711010.2%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026