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Seven Lakes, NC vs Smithfield, NC

90
Seven Lakes
North Carolina
VS
+27.2%
70
Smithfield
North Carolina

There is a significant gap in the cost of living between these two cities. Smithfield is 27.2% cheaper than Seven Lakes. With a cost index of 70 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Smithfield to Seven Lakes should plan for substantially higher expenses across most categories.

On the housing front, median rent in Seven Lakes is $900/month compared to $601/month in Smithfield — a 50% difference. Home values follow the same pattern: Smithfield is more affordable at $217,000 median vs $365,500.

Median household income in Seven Lakes is $91,495 compared to $37,827 in Smithfield (+141.9%). While Seven Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Seven Lakes spend roughly 11.8% of their income on rent, less than the 19.1% in Smithfield.

Income & Cost

Cost of Living Index
Seven Lakes
90
Smithfield
70
21% cheaper
Median Household Income
Seven Lakes
$91,495
59% higher
Smithfield
$37,827

Housing

Median Rent
Seven Lakes
$900
Smithfield
$601
33% cheaper
Median Home Value
Seven Lakes
$365,500
Smithfield
$217,000
41% cheaper
Population
Seven Lakes
4,823
Smithfield
11,798

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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