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Newport, NC vs Smithfield, NC

77
Newport
North Carolina
VS
+9.1%
70
Smithfield
North Carolina

Smithfield is moderately more affordable than Newport, with a 9.1% lower cost of living index. Newport scores 77 compared to 70 for Smithfield, where the US average is 100. This difference means residents of Newport can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newport is $784/month compared to $601/month in Smithfield — a 30% difference. Home values follow the same pattern: Smithfield is more affordable at $217,000 median vs $245,300.

Median household income in Newport is $76,091 compared to $37,827 in Smithfield (+101.2%). While Newport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newport spend roughly 12.4% of their income on rent, less than the 19.1% in Smithfield.

Income & Cost

Cost of Living Index
Newport
77
Smithfield
70
8% cheaper
Median Household Income
Newport
$76,091
50% higher
Smithfield
$37,827

Housing

Median Rent
Newport
$784
Smithfield
$601
23% cheaper
Median Home Value
Newport
$245,300
Smithfield
$217,000
12% cheaper
Population
Newport
4,428
Smithfield
11,798

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newport
Smithfield $2.97
US $3.07
🥚
Eggs (grade A, large)
Newport
Smithfield $2.42
US $2.50
🥛
Milk (whole)
Newport
Smithfield $3.90
US $4.03
🍞
Bread (white)
Newport
Smithfield $1.79
US $1.85
🍗
Chicken breast
Newport
Smithfield $4.01
US $4.14
Electricity
Newport
Smithfield $0.16
US $0.19