States › Utah › Smithfield

Is Smithfield, UT expensive to live in?

OKRent takes 28 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,42238% higher than U.S. average
💵 Families earn per year (2026)$105,194about $8,766/month · 21% higher than U.S. average
🔑 House price$450,20035% higher than U.S. average

Rent is higher than in 84% of U.S. cities. A typical house costs about 4.3 years of household income. Most homes (80.5%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $96,880 a year. That is $47 an hour at a full-time job.

Is rent cheaper than other Utah cities?

No. Rent here is more expensive than in most of Utah. It is number 91 of 97 cities from cheapest to most expensive.

Smithfield
$2,422
Vineyard
$1,903
Grantsville
$1,236
Mapleton
$1,866
Santaquin
$2,311
Centerville
$2,340
West Point
$2,007

How much do households earn in Smithfield?

Under $25k
7.6%
$25k–50k
17.5%
$50k–100k
46.4%
$100k–150k
19.0%
$150k+
10.2%

Share of households by yearly income. 29.2% of households earn $100,000 or more.

Rent by apartment size in Smithfield

SizeSmithfieldU.S. average
1 bedroom$721$1,324
2 bedrooms$1,018$1,509
3 bedrooms$1,490$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Smithfield overall?

Everyday prices in Utah overall are 1% below the U.S. average (index 98.9, U.S. = 100).

Housing
108
Goods (food, clothes…)
96
Utilities
79
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Smithfield, so the Utah figure is shown.

Taxes and bills in Smithfield

🏛️ Property tax$1,956a year · 0.43% of home value · U.S. $3,119
⚡ Electric bill$108a month (typical) · U.S. $156

Life in Smithfield

Commute to work21.2 minU.S.: 26.4 min
College degree43%U.S.: 35.7%
Own their home80.5%U.S.: 65.2%
Below poverty line3.6%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Smithfield?

Renting is cheaper right now: about $702 a month less.

Renting
$2,422
Owning
$3,124

Owning assumes a typical $450,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,020 for the down payment.

Frequently asked questions

What is the average rent in Smithfield, UT?

Renting in Smithfield costs a median of about $2,422 a month in 2026, including utilities. The Utah median is $1,832.

How much do I need to make to live in Smithfield?

To keep rent under 30% of income, you need about $96,880 a year, or $47 an hour at a full-time job.

Is Smithfield cheap or expensive?

Smithfield is rated OK: rent takes 27.6% of the typical household income of $105,194. It ranks 91st cheapest of 97 Utah cities we track.

How much are property taxes in Smithfield?

The median homeowner in Smithfield pays $1,956 a year in property taxes, about 0.43% of the median home value.

Is Smithfield more expensive than the national average?

Overall prices in Utah are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Smithfield?

The median home value in Smithfield is $450,200, about 4.3 times the typical yearly household income.

14,408 people live in Smithfield. Numbers are typical (middle) values.