Grand Rivers, KY vs Smithfield, KY

Grand Rivers is moderately more affordable than Smithfield, with a 7% lower cost of living index. Grand Rivers scores 67 compared to 73 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 Grand Rivers is $795/month compared to $869/month in Smithfield — a 9% difference. Home values follow the same pattern: Grand Rivers is more affordable at $162,500 median vs $165,000.

Median household income in Grand Rivers is $80,000 compared to $49,688 in Smithfield (+61%). Grand Rivers offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grand Rivers spend roughly 11.9% of their income on rent, less than the 21% in Smithfield.