Zip 47458 (Smithville, IN) Cost of Living


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Smithville cost of living score
88.8
Less expensive
11.2% lower
than the US average
6.1% higher
than the Indiana average
Smithville (zip 47458), Indiana gets a BestPlaces Cost of Living score of 88.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.2% lower than the U.S. average and 6.1% lower than the average for Indiana.

Zip 47458 (Smithville, IN)

Housing costs in Smithville?
A typical home costs $296,800, which is 12.2% less expensive than the national average of $338,100 and 33.9% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Smithville costs $1,200 per month, which is 22.4% more than the national average of $980 and 9.2% more than the state average of $1,090.

Can I afford Smithville?
To live comfortably in Smithville (zip 47458), Indiana, a minimum annual income of $56,880 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Smithville?
The cost of living in 47458 Smithville, IN is quite reasonable. Rent prices, for instance, tend to be cheaper than the national average. The median home value is also slightly lower than the national average. Groceries and other necessary items tend to be a bit more expensive compared to other areas in Indiana, but overall costs are still lower than many other cities in the state. Additionally, gas prices in the area are well below the national average. In general, Smithville residents can find good deals and live comfortably on a budget.
   Cost of living score
     CategoriesSmithvilleIndianaUnited States
  88.883.7100.0
  9692.9100
  95.994.4100.0
  51.563.8100.0
  $296,800$221,600$338,100
  97.2%97.2%100.0%
  74.085.4100.0
  106.0102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime