Cost of Living in Smithville, TN

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11%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
28%
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 Tennessee National
Cost of living8992100
Groceries9798100
Health care9797100
Housing7280100
Transportation9597100
Utilities9698100
Lifestyle & Entertainment9497100
Household Items10098100
Education & Childcare9797100
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Homes For Sale In Smithville, TN

property for sale

Coconut Ridge Rd

Smithville, TN
property for sale

176 Post Oak Ln

Smithville, TN
property for sale

524 Elm St

Smithville, TN
property for sale

1385 Lakeside Dr

Smithville, TN
See the Newest Homes For Sale In Smithville, TN

Cost Of Living Quick Facts

  • The cost of living in Smithville is 3% lower than the Tennessee average
  • The cost of living in Smithville is 11% lower than the national average
  • Smithville housing is 28% lower than the national average
  • Tennessee general sales tax is 37% higher than the national average
  • Tennessee state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Smithville

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Compare Smithville, TN Cost of Living

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      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$58,972$4,914$1,376$1,769
      Renters$41,021$3,418$957$1,231
      To approximate the cost of living and the housing affordability in Smithville, TN, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Smithville have a median income of $58,972. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,376 per month to avoid calamity and poverty. The renters in the city have an income of about $41,021, which would make their monthly maximum allowable rental costs $957.

      Tennessee Sales Tax

      State General Sales Tax With Max Surtax
      Tennessee 7% 9.75%

      Tennessee Income Tax

      State Income Tax (Low) Income Tax (High)
      Tennessee 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Alexandria, TN1,0228713.3%
      Dowelltown, TN3618910.6%
      Baxter, TN1,5798811.9%
      Woodbury, TN2,899918.8%
      Liberty, TN360937.1%
      Smithville, TN4,9258910.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Guerneville, CA4,92414747.3%
      Butler Beach, FL4,92313130.7%
      Franklin, NJ4,92711212.1%
      Dallas, NC4,928937.3%
      Seat Pleasant, MD4,92913232.1%
      Smithville, TN4,9258910.9%
      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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