Smithfield, North Carolina gets a BestPlaces Cost of Living index of 92.7, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 7.3 percent lower than the U.S. average and 1.9 percent lower than the average for North Carolina.
A typical home costs $282,200, which is 16.5 percent less expensive than the national average of $338,100 and 2.5 percent less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Smithfield costs $1,130 per month, which is 21.0 percent cheaper than the national average of $1,430 and close to the state average of $1,110.
To live comfortably in Smithfield, North Carolina, a minimum annual income of $54,000 for a family, and $40,000 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Smithfield is cheaper than the US average. A cost of living index above 100 means Smithfield, North Carolina is more expensive.
Smithfield cost of living is 92.7