Housing costs in Smithfield?
A typical home costs
$280,300, which is 17.1% less expensive than the national average of
$338,100 and 3.1% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Smithfield costs
$1,100 per month, which is 0.9% cheaper than the national average of
$1,110 and 28.2% cheaper than the state average of
$1,410.
Can I afford Smithfield?
To live comfortably in Smithfield (zip 27577), North Carolina, a minimum annual income of
$53,640 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Smithfield?
The cost of living in 27577 Smithfield, NC is slightly higher than the national average. According to BestPlaces, a website that compiles cost-of-living data, residents can expect to pay an average of 8.41% more for groceries, 5.03% more for transportation expenses, and 8.71% more for housing than the national average. However, the overall cost of living in this area is still below other cities in North Carolina and across the United States. The relatively low costs of common expenses such as utilities, health care, and miscellaneous items offset the higher prices of groceries and housing costs making it an attractive option to many potential residents.