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Smithfield, VA Utility & Living Guide

Living in Smithfield, VA offers a charming small-town experience with a rich history and natural beauty.

Last updated: September 17, 2026

Total Utilities$268/mo

1BR Rent$1100/mo

Sales Tax5.3%

COL Index108 (+8% above national average)

Family Score7/10

Median Home$340,000

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🌤️ Live Weather — Smithfield

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Smithfield's economy is driven by tourism, agriculture, and small businesses, with a growing trend towards downtown revitalization. The town is also investing in infrastructure and community development projects.

📍 Live Local News & Briefing

⚠️ Natural Hazard History — Smithfield

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💰 Budget Calculator

🔌 Utilities

🏠 Housing

📊 Cost of Living

💰 Taxes

👨‍👩‍👧 Families

🧮 Tools

Monthly Utility Costs

⚡ Electric

$128/mo

Dominion Energy

🔥 Gas

—

N/A - Electric only

💧 Water

$50/mo

Town of Smithfield Public Works

🗑️ Garbage

$30/mo

Waste Management

📶 Internet

$60/mo

Combined Average Overhead$268/month

Housing Market

Rent & Property
1 Bedroom	$1100/mo
2 Bedrooms	$1400/mo
3 Bedrooms	$2000/mo
Median Home Price	$340,000
Property Tax Rate	0.85%
Avg Childcare/mo	$900

The housing market in Smithfield is relatively stable, with a mix of historic homes and new developments. Home prices have been steadily increasing over the past few years. Rentals are also available, but options may be limited.

Cost of Living

Overall COL Index

108

US national avg = 100

vs National Avg

+8% above national average

Groceries

105

Transportation

Healthcare

102

Childcare/mo

$900

Tax Rates

Tax Overview
Total Sales Tax	5.3%
Property Tax Rate	0.85%
<p>State 4.3% + Local 1%</p>

Virginia has a progressive income tax system, with rates ranging from 2% to 5.75%

Family & Relocation

Family Vibe Score

7/10

Safety Index

Higher = safer

School Rating

7.2/10

GreatSchools avg

Avg Childcare

$900/mo

City Pulse

Population Trend

+2% (growing)

Political Climate

Purple description, with a mix of conservative and liberal views

Business Momentum

Moderate, with key industries in tourism, healthcare, and manufacturing

Top Local Concerns

Traffic, public safety, economic development

🚌 Transit for Families

Smithfield has a limited public transportation system, but the town is relatively walkable and bike-friendly

🎡 Top Kid Attractions

🎯
Windsor Castle Park
🎯
Smithfield Historic District
🎯
Virginia Diner

Best Neighborhoods for Families

The historic district and downtown area are popular for families, with tree-lined streets and historic homes. The Windsor Castle Park neighborhood is also a desirable area, with access to outdoor recreation and community events.

Household Budget Calculator

Estimate your real monthly cost of living in Smithfield based on your household profile.

📰 Live Local News

Smithfield has regulations regarding zoning, noise ordinances, and historic district preservation

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📊 Smithfield — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Summer months bring higher electricity bills due to air conditioning usage, while winter months see increased costs for heating. Residents can expect to pay around 10-15% more for utilities during these peak seasons.