Midway, NC vs Smithfield, NC

Midway, NC and Smithfield, NC have a very similar cost of living, with only a 2.6% difference in their overall index. Midway scores 72 while Smithfield scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Midway is $649/month compared to $601/month in Smithfield — a 8% difference. Home values follow the same pattern: Smithfield is more affordable at $217,000 median vs $250,000.

Median household income in Midway is $75,208 compared to $37,827 in Smithfield (+98.8%). While Midway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Midway spend roughly 10.4% of their income on rent, less than the 19.1% in Smithfield.