Goldsboro, NC vs Smithfield, NC

Smithfield is moderately more affordable than Goldsboro, with a 6% lower cost of living index. Goldsboro scores 75 compared to 70 for Smithfield, where the US average is 100. This difference means residents of Goldsboro can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Goldsboro is $956/month compared to $601/month in Smithfield — a 59% difference. Interestingly, home values tell a different story: while Smithfield has cheaper rent, Goldsboro actually has lower median home values ($173,700 vs $217,000).

Median household income in Goldsboro is $47,005 compared to $37,827 in Smithfield (+24.3%). While Goldsboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goldsboro spend roughly 24.4% of their income on rent, more than the 19.1% in Smithfield.