Zip 23430 (Smithfield, VA) Cost of Living


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How much do I need to live in Smithfield, Virginia?
$5,550 / month
for a family, 2.8% more expensive than the national average A total of $66,600 for the year for a family.
$3,500 / month
for a single person, 26.6% less expensive than the national average A total of $42,000 for the year for a single person.

Smithfield cost of living score
102.7
More expensive
2.7% higher
than the US average
1.4% lower
than the Virginia average
Smithfield (zip 23430), Virginia gets a BestPlaces Cost of Living score of 102.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.7% higher than the U.S. average and 1.4% higher than the average for Virginia.

Zip 23430 (Smithfield, VA)

Housing costs in Smithfield?
A typical home costs $348,200, which is 3.0% more expensive than the national average of $338,100 and 1.5% more expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Smithfield costs $1,220 per month, which is 12.9% cheaper than the national average of $1,400 and 8.2% cheaper than the state average of $1,320.

Can I afford Smithfield?
To live comfortably in Smithfield (zip 23430), Virginia, a minimum annual income of $66,600 for a family, and $42,000 for a single person is recommended.

What does A.I. say about Smithfield?
The cost of living in 23430 Smithfield, VA is quite reasonable. The median home price is approximately $252,000 and the cost of basic utilities such as electricity, water, gas, and internet averages out to be around $150 per month. Food costs are also reasonably priced and there are a variety of restaurants in the area to choose from. Overall, Smithfield is an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSmithfieldVirginiaUnited States
    Unlock104.2100.0
  100.0  Unlock100.0
    Unlock103.1100.0
  107.5  Unlock100.0
    Unlock$343,200$338,100
  98.8  Unlock100.0
    Unlock99.4100.0
  123.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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