King, NC Cost Of Living
Cost Of Living In King, NC Summary
Cost of living in King 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 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 King is 91, with 100 being the average.
The cost of living index in King is 0.9x lower than the national average.
King ranks as the #46 cheapest in North Carolina out of 153.
King ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in King is $170,200.
The median income in King is $59,286.
Table Of Contents
King's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in King, NC?
According to the most recent data on the cost of living, King has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to North Carolina, King has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in King ranks as #46 most affordable out of the 153 places we measured in North Carolina. By definition, that implies King ranks as the #107 most expensive place in the Tar Heel State.
For more reading on life in King, check out:
- Living In King
- King Crime Report
- Search Homes For Sale In King, NC
In North Carolina
In America
King Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in King. Here is how it fairs on each of the criteria:
The Services index in King is 100.
The Groceries index in King is 102.
The Health index in King is 118.
The Housing index in King is 76.
The Transportation index in King is 98.
The Utilities index in King is 95.
| Living Expense | King | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 91 | 95 | 100 | |
| Services | 100 | 97 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 118 | 108 | 100 | |
| Housing | 76 | 91 | 100 | |
| Transportation | 98 | 92 | 100 | |
| Utilities | 95 | 95 | 100 | |
King, NC Housing Cost Breakdown
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 2017-2021. The key points are:
The Median Home Value in King is $170,200.
The Median Rent in King is $833.
The Median Income in King is $59,286.
The Home Value To Income in King is 2.9x.
The Rent To Monthly Income in King is 0.17x.
| Statistic | King | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $170,200 | $197,500 | $244,900 |
| Median Rent | $833 | $988 | $1,163 |
| Median Income | $59,286 | $60,516 | $69,021 |
| Home Value To Income | 2.9x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
King, NC Costs By Category
Detailed King Services Costs Vs. North Carolina
| Item | King | North Carolina |
|---|---|---|
| Shampoo | $1.29 | $1.06 |
| Movie | $8.5 | $10.68 |
| Bowling | $16.67 | $14.67 |
| Haircut | $22.99 | $18.62 |
| Beauty Salon | $35.48 | $39.05 |
Detailed King Groceries Costs Vs. North Carolina
| Item | King | North Carolina |
|---|---|---|
| Ground Beef | $4.93 | $4.22 |
| Fried Chicken | $1.27 | $1.39 |
| Milk | $1.55 | $2.05 |
| Potatoes | $3.43 | $3.29 |
| Pizza | $10.32 | $10.62 |
| Beer | $9.95 | $9.38 |
| Toothpaste | $2.63 | $2.34 |
Detailed King Health Costs Vs. North Carolina
| Item | King | North Carolina |
|---|---|---|
| Optometrist | $109.7 | $108.57 |
| Doctor | $124.74 | $116.17 |
| Dentist | $139.81 | $99.13 |
Detailed King Transportation Costs Vs. North Carolina
| Item | King | North Carolina |
|---|---|---|
| Gasoline | $2.12 | $2.22 |
| Tire Balancing | $53.98 | $50.07 |
Detailed King Utilities Costs Vs. North Carolina
| Item | King | North Carolina |
|---|---|---|
| All Electricity | $158.18 | $167.67 |
| Phone | $169.63 | $175.64 |
King SnackAbility
/10
Cost Of Living In Cities Around King
The cost of living varies in the cities and towns around King. Here's a quick look at the cost of living in the most populous nearby places:
Salinas, CA has a cost of living index of 119, 1.3x King.
Hollister, CA has a cost of living index of 123, 1.4x King.
Seaside, CA has a cost of living index of 126, 1.4x King.
| City | Population | Cost Of Living | Vs. King |
|---|---|---|---|
| Salinas, CA | 163,004 | 119 | 1.3x |
| Hollister, CA | 41,077 | 123 | 1.4x |
| Seaside, CA | 32,631 | 126 | 1.4x |
| Monterey, CA | 30,014 | 180 | 2.0x |
| Soledad, CA | 25,102 | 109 | 1.2x |
| Marina, CA | 22,246 | 129 | 1.4x |
| Coalinga, CA | 17,560 | 108 | 1.2x |
| Gonzales, CA | 8,628 | 113 | 1.2x |
| Cambria, CA | 5,487 | 165 | 1.8x |
