Housing costs in Smithfield?
A typical home costs
$346,200, which is 2.4% more expensive than the national average of
$338,100 and 78.2% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Smithfield costs
$960 per month, which is 4.3% more than the national average of
$920 and 8.3% cheaper than the state average of
$1,040.
Can I afford Smithfield?
To live comfortably in Smithfield (zip 40068), Kentucky, a minimum annual income of
$66,240 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Smithfield?
The cost of living in 40068 Smithfield, KY is relatively affordable compared to other areas. Housing costs are particularly attractive, with the median home price just over $135,000. Utility costs are also reasonable compared to many other locations. The area has a low crime rate and excellent schools, which makes it an ideal place for young families. Other cost-related factors such as food, transportation and taxes are comparable to the national averages. All in all, 40068 Smithfield, KY is a great place to live with a comfortable cost of living.