Cost of living in Kings Mountain 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 Kings Mountain 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 Kings Mountain is 92, with 100 being the average.
The cost of living index in Kings Mountain is 0.9x lower than the national average.
Kings Mountain ranks as the #55 cheapest in North Carolina out of 153.
Kings Mountain ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Kings Mountain is $150,500.
The median income in Kings Mountain is $42,336.
According to the most recent data on the cost of living, Kings Mountain has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Kings Mountain has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in Kings Mountain ranks as #55 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Kings Mountain ranks as the #98 most expensive place in the Tar Heel State.
For more reading on life in Kings Mountain, check out:
Six factors go into calculating the cost of living index in Kings Mountain. Here is how it fairs on each of the criteria:
The Services index in Kings Mountain is 105.
The Groceries index in Kings Mountain is 104.
The Health index in Kings Mountain is 103.
The Housing index in Kings Mountain is 61.
The Transportation index in Kings Mountain is 102.
The Utilities index in Kings Mountain is 98.
Living Expense | Kings Mountain | North Carolina | National Average | |
---|---|---|---|---|
Overall | 92 | 95 | 100 | |
Services | 105 | 97 | 100 | |
Groceries | 104 | 98 | 100 | |
Health | 103 | 108 | 100 | |
Housing | 61 | 91 | 100 | |
Transportation | 102 | 92 | 100 | |
Utilities | 98 | 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 2017-2021. The key points are:
The Median Home Value in Kings Mountain is $150,500.
The Median Rent in Kings Mountain is $801.
The Median Income in Kings Mountain is $42,336.
The Home Value To Income in Kings Mountain is 3.6x.
The Rent To Monthly Income in Kings Mountain is 0.23x.
Statistic | Kings Mountain | North Carolina | United States |
---|---|---|---|
Median Home Value | $150,500 | $197,500 | $244,900 |
Median Rent | $801 | $988 | $1,163 |
Median Income | $42,336 | $60,516 | $69,021 |
Home Value To Income | 3.6x | 3.3x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Item | Kings Mountain | North Carolina |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $10.0 | $10.68 |
Bowling | $22.35 | $14.67 |
Haircut | $16.9 | $18.62 |
Beauty Salon | $39.1 | $39.05 |
Item | Kings Mountain | North Carolina |
---|---|---|
Ground Beef | $3.88 | $4.22 |
Fried Chicken | $1.46 | $1.39 |
Milk | $1.69 | $2.05 |
Potatoes | $3.65 | $3.29 |
Pizza | $9.09 | $10.62 |
Beer | $10.42 | $9.38 |
Toothpaste | $2.27 | $2.34 |
Item | Kings Mountain | North Carolina |
---|---|---|
Optometrist | $119.06 | $108.57 |
Doctor | $121.12 | $116.17 |
Dentist | $112.88 | $99.13 |
Item | Kings Mountain | North Carolina |
---|---|---|
Gasoline | $2.35 | $2.22 |
Tire Balancing | $45.59 | $50.07 |
Item | Kings Mountain | North Carolina |
---|---|---|
All Electricity | $158.05 | $167.67 |
Phone | $179.94 | $175.64 |
The cost of living varies in the cities and towns around Kings Mountain. Here's a quick look at the cost of living in the most populous nearby places:
Gastonia, NC has a cost of living index of 97, 1.1x Kings Mountain.
Shelby, NC has a cost of living index of 91, 1.0x Kings Mountain.
Mount Holly, NC has a cost of living index of 96, 1.0x Kings Mountain.
City | Population | Cost Of Living | Vs. Kings Mountain |
---|---|---|---|
Gastonia, NC | 79,483 | 97 | 1.1x |
Shelby, NC | 21,564 | 91 | 1.0x |
Mount Holly, NC | 17,315 | 96 | 1.0x |
Belmont, NC | 14,442 | 98 | 1.1x |
Lake Wylie, SC | 13,560 | 117 | 1.3x |
Lincolnton, NC | 10,926 | 91 | 1.0x |
York, SC | 8,423 | 93 | 1.0x |
Clover, SC | 6,566 | 94 | 1.0x |
Cherryville, NC | 6,044 | 91 | 1.0x |