Smithfield, NC vs Statesville, NC

Smithfield is moderately more affordable than Statesville, with a 13% lower cost of living index. Smithfield scores 70 compared to 81 for Statesville, where the US average is 100. This difference means residents of Statesville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Smithfield is $601/month compared to $935/month in Statesville — a 36% difference. Home values follow the same pattern: Smithfield is more affordable at $217,000 median vs $226,100.

Median household income in Smithfield is $37,827 compared to $55,492 in Statesville (-31.8%). While Statesville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Smithfield spend roughly 19.1% of their income on rent, less than the 20.2% in Statesville.