Cost of Living in Smithton, IL

Population 3,512 · Illinois · Data vintage 2023

76
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Smithton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $252,000.

Smithton sits roughly 20 miles southeast of St. Louis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% higher than St. Louis' $185,000.

Cost Overview

Housing 82
Rent 65

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Smithton

The median home value in Smithton is $251,600 — 18% below the national median of $305,000. Median rent runs $857/month, 35% lower than the national median of $1,314/month. The median household income of $114,453/year is 53% higher than the US median of $74,580. The local unemployment rate is 3.3%, below the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Smithton has a cost of living index of 76 versus the US average of 100, meaning it is 24% less expensive.

🏠 Housing

Median Home Value
$251,600
18% below avg
Zillow Home Value
$196,294
Zillow ZHVI
Median Rent
$857/mo
35% below avg
Price-to-Rent Ratio
24.5x
Favors renting
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 88.5%
Renter-occupied 11.5%

💰 Estimated Monthly Budget

Rent median rent
$857
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,471/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
34.1 min
26% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
84.9%
Carpooled
3.4%
Walked
0.8%
Work from home
10.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$114,453
53% above avg
Per Capita Income
$48,873
Unemployment Rate
3.3%
31% below avg
Poverty Rate
3.5%
Labor Force Participation
64.9%

🎓 Education

Bachelor's degree+ 24.5%
Graduate degree 13.7%

👥 Demographics

Median Age 48.1
Male median age 47.6
Female median age 48.2

Frequently Asked Questions

What is the cost of living in Smithton, IL?

Smithton has a cost index of 76 (100 = national average). It is 24% below the national average.

What is average rent in Smithton, IL?

The median gross rent in Smithton is $857 per month based on 2023 Census data.

What is the average home price in Smithton?

The median home value in Smithton is $251,600 according to Zillow and Census data.

What is the median income in Smithton?

The median household income in Smithton is $114,453 per year (2023 ACS 5-year estimates).

What is the sales tax in Smithton, IL?

The combined state and local sales tax rate in Smithton is 8.7%. The Illinois state income tax top rate is 5.0%.

Is Smithton, IL affordable?

Yes, Smithton is generally considered affordable, with a cost of living index of 76 — about 24% below the US national average of 100.

Smithton at a Glance

Population
3,512
Median Income
$114,453
Home Value
$251,600
Median Rent
$857/mo
Unemployment
3.3%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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