Cost of Living in Smithtown, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
223.1
100 = national avg
+123.1 vs national average
Living Wage (1 Adult)
$98,174
per year
Living Wage (Family of 4)
$232,047
per year
Cost Index by Category
Housing279.4
Food163.8
Transportation227.5
Healthcare151.0
Utilities174.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,379
per month
2 Bedroom
$2,747
per month
The overall cost of living index in Smithtown is 223.1, which is 123.1% above the national average. Housing costs are above the national average at an index of 279.4. A single adult needs to earn approximately $98,174 per year to cover basic expenses.