Cost of Living in Smithville, TN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

64.8

100 = national avg

-35.2 vs national average

Living Wage (1 Adult)

$28,532

per year

Living Wage (Family of 4)

$67,439

per year

Cost Index by Category

Housing
71.0
Food
72.6
Transportation
45.1
Healthcare
78.0
Utilities
77.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$726

per month

2 Bedroom

$953

per month

The overall cost of living index in Smithville is 64.8, which is 35.2% below the national average. Housing costs are below the national average at an index of 71.0. A single adult needs to earn approximately $28,532 per year to cover basic expenses.