Cloverdale, VA vs Smithfield, VA

Cloverdale is moderately more affordable than Smithfield, with a 12.9% lower cost of living index. Cloverdale scores 87 compared to 99 for Smithfield, where the US average is 100. This difference means residents of Smithfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cloverdale is $889/month compared to $1,182/month in Smithfield — a 25% difference. Home values follow the same pattern: Cloverdale is more affordable at $338,000 median vs $358,100.

Median household income in Cloverdale is $71,929 compared to $110,182 in Smithfield (-34.7%). While Smithfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cloverdale spend roughly 14.8% of their income on rent, more than the 12.9% in Smithfield.