Cost of Living in Smithfield, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
136.8
100 = national avg
+36.8 vs national average
Living Wage (1 Adult)
$60,195
per year
Living Wage (Family of 4)
$142,278
per year
Cost Index by Category
Housing153.2
Food119.2
Transportation138.5
Healthcare115.4
Utilities122.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$946
per month
2 Bedroom
$1,241
per month
The overall cost of living index in Smithfield is 136.8, which is 36.8% above the national average. Housing costs are above the national average at an index of 153.2. A single adult needs to earn approximately $60,195 per year to cover basic expenses.