Smithfield, VA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
111
Smithfield's Overall Cost Of Living
1.1x
Higher Than The National Average
77 out of 186
In Virginia
4,219 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Smithfield is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Smithfield, VA?

According to the most recent data on the cost of living, Smithfield has an overall cost of living index of 111 which is 1.1x higher than the national index of 100.

Compared to only Virginia, Smithfield has a cost of living index that's 1.0x higher than Virginia's index of 106.

The standard of living in Smithfield ranks as #4,221 most affordable out of the 6,418 places we measured in Virginia. By definition, that implies Smithfield ranks as the #2,198 most expensive place in the Old Dominion.

For more reading on life in Smithfield, check out:

Smithfield Cost Of Living Vs. Virginia

Living Expense Smithfield Virginia National Average
Overall 111 106 100
Services 103 99 100
Groceries 94 98 100
Health 107 98 100
Housing 135 131 100
Transportation 94 93 100
Utilities 103 96 100
For more reading on cost of living around Virginia, check out:
Smithfield Cost of Living Vs. VA

Smithfield, VA Housing Cost Breakdown

Housing swings affordability the most between places in Virginia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$299,200
Median Home Value
$995
Median Rent
$83,977
Median Income
Statistic Smithfield Virginia United States
Median Home Value $299,200 $282,800 $229,800
Median Rent $995 $1,257 $1,096
Median Income $83,977 $76,398 $64,994
Home Value To Income 3.6x 3.7x 3.5x
Rent To Monthly Income 0.14x 0.2x 0.2x

Detailed Smithfield Services Costs Vs. Virginia

Item Smithfield Virginia
Shampoo $0.97 $1.06
Movie $11.73 $10.68
Bowling $18.0 $14.67

Detailed Smithfield Groceries Costs Vs. Virginia

Item Smithfield Virginia
Ground Beef $3.61 $4.22
Fried Chicken $1.05 $1.39
Milk $1.58 $2.05

Detailed Smithfield Health Costs Vs. Virginia

Item Smithfield Virginia
Haircut $21.36 $18.62
Beauty Salon $44.43 $39.05
Toothpaste $1.85 $2.34

Detailed Smithfield Transportation Costs Vs. Virginia

Item Smithfield Virginia
Potatoes $3.16 $3.29
Pizza $10.13 $10.62
Beer $9.82 $9.38
Optometrist $116.2 $108.57
Doctor $139.74 $116.17
Dentist $99.4 $99.13

Detailed Smithfield Utilities Costs Vs. Virginia

Item Smithfield Virginia
Gasoline $2.01 $2.22
Tire Balancing $46.7 $50.07
All Electricity $176.41 $167.67
Phone $177.97 $175.64

Smithfield SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
8
Diversity
8.5
Safety
8
Amenities
8
Education
8
Commute
6

Cost Of Living In Cities Around Smithfield

City Population Cost Of Living Vs. Smithfield
Virginia Beach, VA 450,882 117 1.1x
Norfolk, VA 244,300 107 1.0x
Chesapeake, VA 242,647 115 1.0x
Newport News, VA 179,582 102 0.9x
Hampton, VA 135,169 99 0.9x
Portsmouth, VA 94,961 104 0.9x
Suffolk, VA 91,383 109 1.0x
Colonial Heights, VA 17,283 97 0.9x
Poquoson, VA 12,121 113 1.0x
Gloucester Point, VA 10,373 105 0.9x

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