Zip 43948 (Smithfield, OH) Cost of Living


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Smithfield cost of living score
74.2
Less expensive
25.8% lower
than the US average
10.3% lower
than the Ohio average
Smithfield (zip 43948), Ohio gets a BestPlaces Cost of Living score of 74.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.8% lower than the U.S. average and 10.3% higher than the average for Ohio.

Zip 43948 (Smithfield, OH)

Housing costs in Smithfield?
A typical home costs $76,000, which is 77.5% less expensive than the national average of $338,100 and 61.4% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Smithfield costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 4.3% cheaper than the state average of $980.

Can I afford Smithfield?
To live comfortably in Smithfield (zip 43948), Ohio, a minimum annual income of $14,400 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Smithfield?
The cost of living in 43948 Smithfield, OH is relatively affordable compared to many other areas. The overall cost of living index is 87, which is 13 points below the national average. Housing costs are also very reasonable, with a median home price of $144,400 and median rent for a two-bedroom apartment at $717 per month. Property taxes are also on the lower side, at an average of just $2,205 per year. Overall, Smithfield offers residents a high quality of life at an economical rate.
   Cost of living score
     CategoriesSmithfieldOhioUnited States
  74.282.7100.0
  95.496.1100
  98.988.7100.0
  19.761.6100.0
  $76,000$197,000$338,100
  101.9%100.0%100.0%
  82.983.9100.0
  82.389.3100.0

   100=National Average

   Average Rent by Bedroom Size
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