Cost of living in King City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means King City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in King City is 106, with 100 being the average.
The cost of living index in King City is 1.1x higher than the national average.
King City ranks as the #78 cheapest in California out of 635.
King City ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in King City is $304,700.
The median income in King City is $59,712.
According to the most recent data on the cost of living, King City has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to California, King City has a cost of living index that's 0.8x lower than California's index of 139.
The standard of living in King City ranks as #78 most affordable out of the 635 places we measured in California. By definition, that implies King City ranks as the #557 most expensive place in the Golden State.
For more reading on life in King City, check out:
Six factors go into calculating the cost of living index in King City. Here is how it fairs on each of the criteria:
The Services index in King City is 90.
The Groceries index in King City is 107.
The Health index in King City is 113.
The Housing index in King City is 113.
The Transportation index in King City is 109.
The Utilities index in King City is 129.
|Living Expense||King City||California||National Average|
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in King City is $304,700.
The Median Rent in King City is $1,502.
The Median Income in King City is $59,712.
The Home Value To Income in King City is 5.1x.
The Rent To Monthly Income in King City is 0.3x.
|Statistic||King City||California||United States|
|Median Home Value||$304,700||$573,200||$244,900|
|Home Value To Income||5.1x||6.8x||3.5x|
|Rent To Monthly Income||0.3x||0.24x||0.2x|