Smithville, NJ Cost Of Living
Cost Of Living In Smithville, NJ Summary
Cost of living in Smithville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Smithville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Smithville is 106, with 100 being the average.
The cost of living index in Smithville is 1.1x higher than the national average.
Smithville ranks as the #34 cheapest in New Jersey out of 260.
Smithville ranks as the #3,278 cheapest out of 6,489 in the US.
The median home value in Smithville is $357,192.
The median income in Smithville is $72,875.
Table Of Contents
Smithville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Smithville, NJ?
According to the most recent data on the cost of living, Smithville has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Smithville has a cost of living index that's 0.9x lower than New Jersey's index of 122.
The standard of living in Smithville ranks as #34 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Smithville ranks as the #226 most expensive place in the Garden State.
For more reading on life in Smithville, check out:
In New Jersey
In America
Smithville Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Smithville. Here is how it fairs on each of the criteria:
The Services index in Smithville is 103.
The Groceries index in Smithville is 102.
The Health index in Smithville is 92.
The Housing index in Smithville is 107.
The Transportation index in Smithville is 105.
The Utilities index in Smithville is 111.
| Living Expense | Smithville | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 106 | 122 | 100 | |
| Services | 103 | 108 | 100 | |
| Groceries | 102 | 104 | 100 | |
| Health | 92 | 99 | 100 | |
| Housing | 107 | 159 | 100 | |
| Transportation | 105 | 101 | 100 | |
| Utilities | 111 | 107 | 100 | |
Smithville, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Smithville is $357,192.
The Median Rent in Smithville is $1,477.
The Median Income in Smithville is $72,875.
The Home Value To Income in Smithville is 4.9x.
The Rent To Monthly Income in Smithville is 0.24x.
| Statistic | Smithville | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $357,192 | $564,432 | $303,400 |
| Median Rent | $1,477 | $1,653 | $1,348 |
| Median Income | $72,875 | $101,050 | $78,538 |
| Home Value To Income | 4.9x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Smithville, NJ Costs By Category
Detailed Smithville Services Costs Vs. New Jersey
| Item | Smithville | New Jersey |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $13.75 | $12.13 |
| Bowling | $19.47 | $18 |
| Haircut | $23.54 | $24.26 |
| Beauty Salon | $66.27 | $45.56 |
Detailed Smithville Groceries Costs Vs. New Jersey
| Item | Smithville | New Jersey |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.73 | $12.09 |
| Beer | $11.99 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Smithville Health Costs Vs. New Jersey
| Item | Smithville | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Smithville Transportation Costs Vs. New Jersey
| Item | Smithville | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Smithville Utilities Costs Vs. New Jersey
| Item | Smithville | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Smithville SnackAbility
/10
Cost Of Living In Cities Around Smithville
The cost of living varies in the cities and towns around Smithville. Here's a quick look at the cost of living in the most populous nearby places:
Pleasantville, NJ has a cost of living index of 99, 0.9x Smithville.
Hammonton, NJ has a cost of living index of 110, 1.0x Smithville.
Absecon, NJ has a cost of living index of 110, 1.0x Smithville.
| City | Population | Cost Of Living | Vs. Smithville |
|---|---|---|---|
| Pleasantville, NJ | 20,604 | 99 | 0.9x |
| Hammonton, NJ | 14,746 | 110 | 1.0x |
| Absecon, NJ | 9,099 | 110 | 1.0x |
| Northfield, NJ | 8,427 | 111 | 1.0x |
| Pomona, NJ | 8,141 | 100 | 0.9x |
| Brigantine, NJ | 7,702 | 127 | 1.2x |
| Mystic Island, NJ | 7,616 | 110 | 1.0x |
| Linwood, NJ | 6,954 | 120 | 1.1x |
