Fort Smith vs Norfolk

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Salary Equivalence

A $75,000 salary in Fort Smith has the same purchasing power as $96,429 in Norfolk.

Conversely, $75,000 in Norfolk equals $58,333 in Fort Smith.

Living in Fort Smith vs Norfolk

Housing Costs

Fort Smith's housing index of 49 is lower Norfolk's 95, translating to median home prices of $155,000 vs $250,000. The $95,000 difference in home prices means roughly $6,180 per year in additional mortgage costs at current rates. Renters face a similar gap: $775/mo in Fort Smith compared to $1,300/mo in Norfolk, a monthly difference of $525.

Grocery & Food Costs

Grocery expenses index at 92 in Fort Smith and 99 in Norfolk. A household spending the national average of $475/month on groceries would pay approximately $437/month in Fort Smith vs $470/month in Norfolk. Fort Smith offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Fort Smith and 97 in Norfolk. Monthly utility bills average approximately $380 in Fort Smith vs $388 in Norfolk. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 88 in Fort Smith and 99 in Norfolk. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $45,200 in Fort Smith and $51,938 in Norfolk. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $58,701 and $52,463 respectively. Fort Smith residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,055/month to housing in Fort Smith vs $1,212/month in Norfolk. In Fort Smith, median rent of $775/mo fits within this budget. In Norfolk, median rent of $1,300/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 46 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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