Cost of Living in Smithville, MO

Population 10,552 · Missouri · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Smithville is a smaller Missouri community of around 11000 residents, where median household incomes of $99,925 and housing costs ($273,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 0.8% points to a labor market well on the tight side of the national distribution.

Smithville sits roughly 20 miles north of Kansas City — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 20% higher than Kansas City's $227,000.

Cost Overview

Housing 89
Rent 74

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

About the Cost of Living in Smithville

The median home value in Smithville is $272,500 — 11% below the national median of $305,000. Median rent runs $977/month, 26% lower than the national median of $1,314/month. The median household income of $99,925/year is 34% higher than the US median of $74,580. The local unemployment rate is 0.8%, below the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Smithville has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$272,500
11% below avg
Zillow Home Value
$366,246
Zillow ZHVI
Median Rent
$977/mo
26% below avg
Price-to-Rent Ratio
23.2x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$623
1 BR
$668
2 BR
$826
3 BR
$1,142
4 BR
$1,311
Owner-occupied 86.1%
Renter-occupied 13.9%

💰 Estimated Monthly Budget

Rent median rent
$977
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,591/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
31.2 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.9%

Commute Mode

Drove alone
82.1%
Carpooled
4.6%
Public transit
0.0%
Walked
1.6%
Work from home
10.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 8.4%
State rate 4.2%
Avg local rate 4.1%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$99,925
34% above avg
Per Capita Income
$40,542
Unemployment Rate
0.8%
83% below avg
Poverty Rate
8.8%
Labor Force Participation
67.8%

🎓 Education

Bachelor's degree+ 19.6%
Graduate degree 10.1%

👥 Demographics

Median Age 36.8
Male median age 36.8
Female median age 36.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
65.1%
Good air days/yr
153
Max AQI recorded
138
PM2.5 days
212
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

98%
4-Year Graduation Rate
15.5:1
Student-teacher ratio
5
Public schools
2,675
Total enrollment

Frequently Asked Questions

What is the cost of living in Smithville, MO?

Smithville has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Smithville, MO?

The median gross rent in Smithville is $977 per month based on 2023 Census data.

What is the average home price in Smithville?

The median home value in Smithville is $272,500 according to Zillow and Census data.

What is the median income in Smithville?

The median household income in Smithville is $99,925 per year (2023 ACS 5-year estimates).

What is the sales tax in Smithville, MO?

The combined state and local sales tax rate in Smithville is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Smithville, MO affordable?

Yes, Smithville is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.