Cost of Living in Smithville, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
130.7
100 = national avg
+30.7 vs national average
Living Wage (1 Adult)
$57,524
per year
Living Wage (Family of 4)
$135,967
per year
Cost Index by Category
Housing169.4
Food105.7
Transportation111.4
Healthcare104.6
Utilities117.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,537
per month
2 Bedroom
$1,867
per month
The overall cost of living index in Smithville is 130.7, which is 30.7% above the national average. Housing costs are above the national average at an index of 169.4. A single adult needs to earn approximately $57,524 per year to cover basic expenses.