Cost of Living in Smithfield, UT

Population 14,033 · Utah · Data vintage 2023

117
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Smithfield sits on the smaller end of the Utah city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.4% — below most comparable cities in the state.

Geographically, Smithfield is about 75 miles north of Salt Lake City, the nearest large metro. Median home values run roughly 18% lower than Salt Lake City's $496,000.

Cost Overview

Housing 133
Rent 92

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

About the Cost of Living in Smithfield

The median home value in Smithfield is $406,300 — 33% above the national median of $305,000. Median rent runs $1,206/month, 8% lower than the national median of $1,314/month. The median household income of $90,602/year is 21% higher than the US median of $74,580. The local unemployment rate is 2.4%, below the national average of 4.8%. Utah's top state income tax rate is 4.5% and the combined sales tax is 5.9%. The climate averages highs of 60.8°F and lows of 34.4°F. Overall, Smithfield has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.

🏠 Housing

Median Home Value
$406,300
33% above avg
Zillow Home Value
$326,180
Zillow ZHVI
Median Rent
$1,206/mo
8% below avg
Price-to-Rent Ratio
28.1x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$737
1 BR
$870
2 BR
$1,036
3 BR
$1,418
4 BR
$1,699
Owner-occupied 80.2%
Renter-occupied 19.8%

💰 Estimated Monthly Budget

Rent median rent
$1,206
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,820/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
21.9 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.2%

Commute Mode

Drove alone
73.8%
Carpooled
5.0%
Public transit
0.3%
Walked
1.8%
Bicycle
0.6%
Work from home
18.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 5.9%
State rate 4.8%
Avg local rate 1.1%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$90,602
21% above avg
Per Capita Income
$30,186
Unemployment Rate
2.4%
51% below avg
Poverty Rate
3.5%
Labor Force Participation
69.3%

🎓 Education

Bachelor's degree+ 30.3%
Graduate degree 11.3%

👥 Demographics

Median Age 28.3
Male median age 27.7
Female median age 28.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.8°F
Avg Low
34.4°F
Annual Precip
15.6"
10° 33° 55° 78° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323750606981918978634733
Low °F 151829354247555344342517
Precip" 1.421.271.661.962.091.160.320.691.241.491.191.11

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
60%
Good air days/yr
187
Max AQI recorded
121
PM2.5 days
244
Ozone days

Frequently Asked Questions

What is the cost of living in Smithfield, UT?

Smithfield has a cost index of 117 (100 = national average). It is 17% above the national average.

What is average rent in Smithfield, UT?

The median gross rent in Smithfield is $1,206 per month based on 2023 Census data.

What is the average home price in Smithfield?

The median home value in Smithfield is $406,300 according to Zillow and Census data.

What is the median income in Smithfield?

The median household income in Smithfield is $90,602 per year (2023 ACS 5-year estimates).

What is the sales tax in Smithfield, UT?

The combined state and local sales tax rate in Smithfield is 5.9%. The Utah state income tax top rate is 4.5%.

Is Smithfield, UT affordable?

Smithfield is above average in cost of living, with an index of 117 — about 17% higher than the national average.

What is the weather like in Smithfield?

Smithfield has average high temperatures of 60.8°F and average lows of 34.4°F. Annual precipitation is 15.6". Data from NOAA 1991–2020 Climate Normals.

Smithfield at a Glance

Population
14,033
Median Income
$90,602
Home Value
$406,300
Median Rent
$1,206/mo
Unemployment
2.4%
Avg High Temp
60.8°F
Sales Tax
5.9%
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🗺️ County data for Utah

Explore county-level cost of living data

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