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Cornelius, NC vs Smithfield, NC

124
Cornelius
North Carolina
VS
+75.6%
70
Smithfield
North Carolina

The cost of living difference between Cornelius, NC and Smithfield, NC is dramatic. Smithfield is 75.6% cheaper than Cornelius, a gap that translates to thousands of dollars per year in household expenses. Cornelius has a cost index of 124 while Smithfield sits at 70, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cornelius is $1,571/month compared to $601/month in Smithfield — a 161% difference. Home values follow the same pattern: Smithfield is more affordable at $217,000 median vs $512,400.

Median household income in Cornelius is $114,688 compared to $37,827 in Smithfield (+203.2%). While Cornelius is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cornelius spend roughly 16.4% of their income on rent, less than the 19.1% in Smithfield.

Income & Cost

Cost of Living Index
Cornelius
124
Smithfield
70
43% cheaper
Median Household Income
Cornelius
$114,688
67% higher
Smithfield
$37,827

Housing

Median Rent
Cornelius
$1,571
Smithfield
$601
62% cheaper
Median Home Value
Cornelius
$512,400
Smithfield
$217,000
58% cheaper
Population
Cornelius
32,009
Smithfield
11,798

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cornelius $2.96
Smithfield $2.97
US $3.07
🥚
Eggs (grade A, large)
Cornelius $2.42
Smithfield $2.42
US $2.50
🥛
Milk (whole)
Cornelius $3.89
Smithfield $3.90
US $4.03
🍞
Bread (white)
Cornelius $1.79
Smithfield $1.79
US $1.85
🍗
Chicken breast
Cornelius $4.00
Smithfield $4.01
US $4.14
Electricity
Cornelius $0.16
Smithfield $0.16
US $0.19