Knightdale, NC Cost Of Living
Cost Of Living In Knightdale, NC Summary
Cost of living in Knightdale 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 Knightdale 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 Knightdale is 105, with 100 being the average.
The cost of living index in Knightdale is 1.1x higher than the national average.
Knightdale ranks as the #101 cheapest in North Carolina out of 157.
Knightdale ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in Knightdale is $369,802.
The median income in Knightdale is $91,638.
Table Of Contents
Knightdale's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Knightdale, NC?
According to the most recent data on the cost of living, Knightdale has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to North Carolina, Knightdale has a cost of living index that's 1.1x higher than North Carolina's index of 92.
The standard of living in Knightdale ranks as #101 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Knightdale ranks as the #56 most expensive place in the Tar Heel State.
For more reading on life in Knightdale, check out:
In North Carolina
In America
Knightdale Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Knightdale. Here is how it fairs on each of the criteria:
The Services index in Knightdale is 100.
The Groceries index in Knightdale is 96.
The Health index in Knightdale is 110.
The Housing index in Knightdale is 120.
The Transportation index in Knightdale is 94.
The Utilities index in Knightdale is 99.
| Living Expense | Knightdale | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 105 | 92 | 100 | |
| Services | 100 | 100 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 110 | 106 | 100 | |
| Housing | 120 | 86 | 100 | |
| Transportation | 94 | 93 | 100 | |
| Utilities | 99 | 95 | 100 | |
Knightdale, 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 2019-2023. The key points are:
The Median Home Value in Knightdale is $369,802.
The Median Rent in Knightdale is $1,573.
The Median Income in Knightdale is $91,638.
The Home Value To Income in Knightdale is 4.0x.
The Rent To Monthly Income in Knightdale is 0.21x.
| Statistic | Knightdale | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $369,802 | $332,681 | $303,400 |
| Median Rent | $1,573 | $1,162 | $1,348 |
| Median Income | $91,638 | $69,904 | $78,538 |
| Home Value To Income | 4.0x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Knightdale, NC Costs By Category
Detailed Knightdale Services Costs Vs. North Carolina
| Item | Knightdale | North Carolina |
|---|---|---|
| Shampoo | $1.09 | $1.28 |
| Movie | $10.27 | $12.13 |
| Bowling | $11.0 | $18 |
| Haircut | $19.0 | $24.26 |
| Beauty Salon | $29.58 | $45.56 |
Detailed Knightdale Groceries Costs Vs. North Carolina
| Item | Knightdale | North Carolina |
|---|---|---|
| Ground Beef | $5.93 | $5.84 |
| Fried Chicken | $1.59 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.18 | $4.93 |
| Pizza | $10.47 | $12.09 |
| Beer | $10.29 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Knightdale Health Costs Vs. North Carolina
| Item | Knightdale | North Carolina |
|---|---|---|
| Optometrist | $141.56 | $125.68 |
| Doctor | $136.38 | $135.78 |
| Dentist | $100.17 | $113.29 |
Detailed Knightdale Transportation Costs Vs. North Carolina
| Item | Knightdale | North Carolina |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $63.55 | $59.92 |
Detailed Knightdale Utilities Costs Vs. North Carolina
| Item | Knightdale | North Carolina |
|---|---|---|
| All Electricity | $201.14 | $193.99 |
| Phone | $187.32 | $192.25 |
Knightdale SnackAbility
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Cost Of Living In Cities Around Knightdale
The cost of living varies in the cities and towns around Knightdale. Here's a quick look at the cost of living in the most populous nearby places:
Raleigh, NC has a cost of living index of 112, 1.1x Knightdale.
Cary, NC has a cost of living index of 125, 1.2x Knightdale.
Wake Forest, NC has a cost of living index of 117, 1.1x Knightdale.
| City | Population | Cost Of Living | Vs. Knightdale |
|---|---|---|---|
| Raleigh, NC | 470,763 | 112 | 1.1x |
| Cary, NC | 176,686 | 125 | 1.2x |
| Wake Forest, NC | 51,199 | 117 | 1.1x |
| Garner, NC | 32,543 | 106 | 1.0x |
| Morrisville, NC | 30,471 | 120 | 1.1x |
| Clayton, NC | 28,043 | 103 | 1.0x |
| Wendell, NC | 11,585 | 102 | 1.0x |
| Rolesville, NC | 10,200 | 116 | 1.1x |
| Zebulon, NC | 7,961 | 92 | 0.9x |
| Archer Lodge, NC | 5,036 | 103 | 1.0x |
