Farmville, NC vs Smithfield, NC
Smithfield is moderately more affordable than Farmville, with a 11% lower cost of living index. Farmville scores 78 compared to 70 for Smithfield, where the US average is 100. This difference means residents of Farmville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Farmville is $1,019/month compared to $601/month in Smithfield — a 70% difference. Interestingly, home values tell a different story: while Smithfield has cheaper rent, Farmville actually has lower median home values ($184,900 vs $217,000).
Median household income in Farmville is $50,870 compared to $37,827 in Smithfield (+34.5%). While Farmville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmville spend roughly 24% of their income on rent, more than the 19.1% in Smithfield.
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