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 Missouri, 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 95, with 100 being the average.
The cost of living index in Smithville is 0.9x lower than the national average.
Smithville ranks as the #105 cheapest in Missouri out of 143.
Smithville ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Smithville is $217,800.
The median income in Smithville is $90,909.
According to the most recent data on the cost of living, Smithville has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Missouri, Smithville has a cost of living index that's 1.1x higher than Missouri's index of 89.
The standard of living in Smithville ranks as #105 most affordable out of the 143 places we measured in Missouri. By definition, that implies Smithville ranks as the #38 most expensive place in the Show Me State.
For more reading on life in Smithville, check out:
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 102.
The Groceries index in Smithville is 92.
The Health index in Smithville is 99.
The Housing index in Smithville is 95.
The Transportation index in Smithville is 94.
The Utilities index in Smithville is 97.
Living Expense | Smithville | Missouri | National Average | |
---|---|---|---|---|
Overall | 95 | 89 | 100 | |
Services | 102 | 92 | 100 | |
Groceries | 92 | 96 | 100 | |
Health | 99 | 88 | 100 | |
Housing | 95 | 79 | 100 | |
Transportation | 94 | 95 | 100 | |
Utilities | 97 | 95 | 100 |
Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Smithville is $217,800.
The Median Rent in Smithville is $630.
The Median Income in Smithville is $90,909.
The Home Value To Income in Smithville is 2.4x.
The Rent To Monthly Income in Smithville is 0.08x.
Statistic | Smithville | Missouri | United States |
---|---|---|---|
Median Home Value | $217,800 | $171,800 | $244,900 |
Median Rent | $630 | $886 | $1,163 |
Median Income | $90,909 | $61,043 | $69,021 |
Home Value To Income | 2.4x | 2.8x | 3.5x |
Rent To Monthly Income | 0.08x | 0.17x | 0.2x |
Item | Smithville | Missouri |
---|---|---|
Shampoo | $1.02 | $1.06 |
Movie | $11.07 | $10.68 |
Bowling | $17.13 | $14.67 |
Haircut | $18.77 | $18.62 |
Beauty Salon | $38.27 | $39.05 |
Item | Smithville | Missouri |
---|---|---|
Ground Beef | $4.09 | $4.22 |
Fried Chicken | $1.92 | $1.39 |
Milk | $1.87 | $2.05 |
Potatoes | $2.8 | $3.29 |
Pizza | $10.16 | $10.62 |
Beer | $8.78 | $9.38 |
Toothpaste | $1.84 | $2.34 |
Item | Smithville | Missouri |
---|---|---|
Optometrist | $106.75 | $108.57 |
Doctor | $108.18 | $116.17 |
Dentist | $107.03 | $99.13 |
Item | Smithville | Missouri |
---|---|---|
Gasoline | $2.02 | $2.22 |
Tire Balancing | $47.94 | $50.07 |
Item | Smithville | Missouri |
---|---|---|
All Electricity | $157.13 | $167.67 |
Phone | $189.7 | $175.64 |
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:
Leavenworth, KS has a cost of living index of 92, 1.0x Smithville.
Liberty, MO has a cost of living index of 94, 1.0x Smithville.
Gladstone, MO has a cost of living index of 89, 0.9x Smithville.
City | Population | Cost Of Living | Vs. Smithville |
---|---|---|---|
Leavenworth, KS | 37,216 | 92 | 1.0x |
Liberty, MO | 30,129 | 94 | 1.0x |
Gladstone, MO | 26,825 | 89 | 0.9x |
Excelsior Springs, MO | 10,595 | 89 | 0.9x |
Kearney, MO | 10,260 | 96 | 1.0x |
Parkville, MO | 7,153 | 115 | 1.2x |