Cost of Living in Kings Grant, NC

A+
0%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
4%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Kings Grant North Carolina National
Cost of living10094100
Goods & Services9998100
Groceries9898100
Health care112108100
Housing10485100
Transportation9392100
Utilities9894100
New Real Estate Listings in Kings Grant Area
Search
Search Homes for Sale in Kings Grant, NC
See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

  • The cost of living in Kings Grant is 7% higher than the North Carolina average
  • The cost of living in Kings Grant is equal to the national average
  • Kings Grant housing is 4% higher than the national average
  • North Carolina general sales tax is 7% lower than the national average
  • North Carolina state income tax is 83% higher than the national average

Most Affordable Places to Live in and Around Kings Grant

See all the best places to live around Kings Grant

Compare Kings Grant, NC Cost of Living

      vs
      How would you rate the cost of living in Kings Grant?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Kings Grant?
      Write a review to give others more information about this area.
      See all Kings Grant poll results

      The best places in North Carolina

      Here are the best places to live in North CarolinaSafest States In The USMost Dangerous Cities In The USThese are the largest cities in North Carolina

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$72,083$6,007$1,682$2,163
      Renters$21,954$1,830$512$659
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Kings Grant, NC, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Kings Grant, homeowners have a median income of $72,083. Using that number, a maximum of $1,682 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $21,954, which means there is a maximum of $512 to be spent on the costs of renting a home or apartment.

      North Carolina Sales Tax

      State General Sales Tax With Max Surtax
      North Carolina 4.75% 7.5%

      North Carolina Income Tax

      State Income Tax (Low) Income Tax (High)
      North Carolina 4.75% 4.75%

      Goods & Services

      Item Kings Grant National avg. Difference
      Haircut $19.00$24.2621.7%
      Beauty Salon $29.58$45.5635.1%
      Toothpaste $3.65$3.701.4%
      Shampoo $1.09$1.2815.1%
      Movie $10.27$12.1315.3%
      Bowling $11.00$18.0038.9%

      Groceries

      Item Kings Grant National avg. Difference
      Ground Beef $5.93$5.841.5%
      Fried Chicken $1.59$1.570.9%
      Milk $4.57$4.672.1%
      Potatoes $5.18$4.934.9%
      Pizza $10.47$12.0913.4%
      Beer $10.29$10.411.1%

      Health Care

      Item Kings Grant National avg. Difference
      Optometrist $141.56$125.6812.6%
      Doctor $136.38$135.780.4%
      Dentist $100.17$113.2911.6%
      Ibuprofen $10.24$10.653.9%
      Lipitor $429.52$468.608.3%

      Housing

      Item Kings Grant National avg. Difference
      Home Price $177,200.00$184,700.004.1%
      Avg. Mortgage Payment $1,813.02$2,346.6922.7%
      Apartment Rent $1,171.00$949.0023.4%

      Transportation

      Item Kings Grant National avg. Difference
      Gasoline $3.45$3.460.5%
      Tire Balancing $63.55$59.926.1%

      Utilities

      Item Kings Grant National avg. Difference
      All Electricity $201.14$193.993.7%
      Phone $187.32$192.252.6%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Blue Clay Farms, NC52991.4%
      Navassa, NC2,135936.8%
      Rocky Point, NC1,644955.1%
      Wrightsboro, NC4,788964.4%
      Skippers Corner, NC3,250982.3%
      Kings Grant, NC8,5961000.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Independence, KS8,5957821.7%
      Fort Lupton, CO8,60011111.3%
      Lake Villa, IL8,60111312.6%
      Barre, VT8,5901000.4%
      New Square, NY8,58915656.4%
      Kings Grant, NC8,5961000.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2024