Grottoes, VA vs Smithfield, VA

There is a significant gap in the cost of living between these two cities. Grottoes is 19.4% cheaper than Smithfield. With a cost index of 80 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grottoes to Smithfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grottoes is $847/month compared to $1,182/month in Smithfield — a 28% difference. Home values follow the same pattern: Grottoes is more affordable at $267,500 median vs $358,100.

Median household income in Grottoes is $84,508 compared to $110,182 in Smithfield (-23.3%). 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 Grottoes spend roughly 12% of their income on rent, less than the 12.9% in Smithfield.