Cost of living in Kernersville 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 Kernersville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Carolina, 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 Kernersville is 102, with 100 being the average.
The cost of living index in Kernersville is 1.0x higher than the national average.
Kernersville ranks as the #89 cheapest in North Carolina out of 157.
Kernersville ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Kernersville is $314,145.
The median income in Kernersville is $69,923.
According to the most recent data on the cost of living, Kernersville has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Kernersville has a cost of living index that's 1.1x higher than North Carolina's index of 92.
The standard of living in Kernersville ranks as #89 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Kernersville ranks as the #68 most expensive place in the Tar Heel State.
For more reading on life in Kernersville, check out:
Six factors go into calculating the cost of living index in Kernersville. Here is how it fairs on each of the criteria:
The Services index in Kernersville is 107.
The Groceries index in Kernersville is 95.
The Health index in Kernersville is 115.
The Housing index in Kernersville is 103.
The Transportation index in Kernersville is 92.
The Utilities index in Kernersville is 90.
| Living Expense | Kernersville | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 102 | 92 | 100 | |
| Services | 107 | 100 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 115 | 106 | 100 | |
| Housing | 103 | 86 | 100 | |
| Transportation | 92 | 93 | 100 | |
| Utilities | 90 | 95 | 100 | |
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Kernersville is $314,145.
The Median Rent in Kernersville is $1,052.
The Median Income in Kernersville is $69,923.
The Home Value To Income in Kernersville is 4.5x.
The Rent To Monthly Income in Kernersville is 0.18x.
| Statistic | Kernersville | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $314,145 | $332,681 | $303,400 |
| Median Rent | $1,052 | $1,162 | $1,348 |
| Median Income | $69,923 | $69,904 | $78,538 |
| Home Value To Income | 4.5x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
| Item | Kernersville | North Carolina |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $11.58 | $12.13 |
| Bowling | $20.0 | $18 |
| Haircut | $22.17 | $24.26 |
| Beauty Salon | $52.72 | $45.56 |
| Item | Kernersville | North Carolina |
|---|---|---|
| Ground Beef | $5.81 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.34 | $12.09 |
| Beer | $10.17 | $10.41 |
| Toothpaste | $3.64 | $3.7 |
| Item | Kernersville | North Carolina |
|---|---|---|
| Optometrist | $147.25 | $125.68 |
| Doctor | $157.28 | $135.78 |
| Dentist | $126.56 | $113.29 |
| Item | Kernersville | North Carolina |
|---|---|---|
| Gasoline | $3.31 | $3.46 |
| Tire Balancing | $48.78 | $59.92 |
| Item | Kernersville | North Carolina |
|---|---|---|
| All Electricity | $163.41 | $193.99 |
| Phone | $186.82 | $192.25 |
The cost of living varies in the cities and towns around Kernersville. Here's a quick look at the cost of living in the most populous nearby places:
Greensboro, NC has a cost of living index of 91, 0.9x Kernersville.
Winston-Salem, NC has a cost of living index of 93, 0.9x Kernersville.
High Point, NC has a cost of living index of 91, 0.9x Kernersville.
| City | Population | Cost Of Living | Vs. Kernersville |
|---|---|---|---|
| Greensboro, NC | 298,564 | 91 | 0.9x |
| Winston-Salem, NC | 250,887 | 93 | 0.9x |
| High Point, NC | 115,263 | 91 | 0.9x |
| Clemmons, NC | 21,574 | 104 | 1.0x |
| Jamestown, ND | 15,774 | 90 | 0.9x |
| Lewisville, NC | 13,655 | 104 | 1.0x |
| Archdale, NC | 11,992 | 89 | 0.9x |
| Summerfield, NC | 11,031 | 121 | 1.2x |
| Oak Ridge, NC | 7,660 | 135 | 1.3x |
| King, NC | 7,345 | 97 | 1.0x |