Cost of Living in Smithton, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
143.0
100 = national avg
+43.0 vs national average
Living Wage (1 Adult)
$62,899
per year
Living Wage (Family of 4)
$148,671
per year
Cost Index by Category
Housing125.9
Food137.5
Transportation175.0
Healthcare130.0
Utilities127.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$995
per month
2 Bedroom
$1,218
per month
The overall cost of living index in Smithton is 143.0, which is 43.0% above the national average. Housing costs are above the national average at an index of 125.9. A single adult needs to earn approximately $62,899 per year to cover basic expenses.