Cost of living in Kingman 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 Kingman is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Arizona, 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 Kingman is 85, with 100 being the average.
The cost of living index in Kingman is 0.8x lower than the national average.
Kingman ranks as the #7 cheapest in Arizona out of 94.
Kingman ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Kingman is $175,100.
The median income in Kingman is $52,768.
According to the most recent data on the cost of living, Kingman has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Arizona, Kingman has a cost of living index that's 0.8x lower than Arizona's index of 107.
The standard of living in Kingman ranks as #7 most affordable out of the 94 places we measured in Arizona. By definition, that implies Kingman ranks as the #87 most expensive place in the Grand Canyon State.
For more reading on life in Kingman, check out:
Six factors go into calculating the cost of living index in Kingman. Here is how it fairs on each of the criteria:
The Services index in Kingman is 93.
The Groceries index in Kingman is 95.
The Health index in Kingman is 94.
The Housing index in Kingman is 68.
The Transportation index in Kingman is 100.
The Utilities index in Kingman is 86.
Living Expense | Kingman | Arizona | National Average | |
---|---|---|---|---|
Overall | 85 | 107 | 100 | |
Services | 93 | 102 | 100 | |
Groceries | 95 | 101 | 100 | |
Health | 94 | 94 | 100 | |
Housing | 68 | 121 | 100 | |
Transportation | 100 | 105 | 100 | |
Utilities | 86 | 97 | 100 |
Housing swings affordability the most between places in Arizona, 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 Kingman is $175,100.
The Median Rent in Kingman is $928.
The Median Income in Kingman is $52,768.
The Home Value To Income in Kingman is 3.3x.
The Rent To Monthly Income in Kingman is 0.21x.
Statistic | Kingman | Arizona | United States |
---|---|---|---|
Median Home Value | $175,100 | $265,600 | $244,900 |
Median Rent | $928 | $1,172 | $1,163 |
Median Income | $52,768 | $65,913 | $69,021 |
Home Value To Income | 3.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Kingman. Here's a quick look at the cost of living in the most populous nearby places:
Fort Mohave, AZ has a cost of living index of 90, 1.1x Kingman.
New Kingman-Butler, AZ has a cost of living index of 78, 0.9x Kingman.
Laughlin, NV has a cost of living index of 84, 1.0x Kingman.
City | Population | Cost Of Living | Vs. Kingman |
---|---|---|---|
Fort Mohave, AZ | 15,872 | 90 | 1.1x |
New Kingman-Butler, AZ | 12,858 | 78 | 0.9x |
Laughlin, NV | 8,174 | 84 | 1.0x |
Golden Valley, AZ | 7,914 | 80 | 0.9x |