Cost of living in Kings Point 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 Point is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, 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 Point is 372, with 100 being the average.
The cost of living index in Kings Point is 3.7x higher than the national average.
Kings Point ranks as the #340 cheapest in New York out of 340.
Kings Point ranks as the #6,412 cheapest out of 6,412 in the US.
The median home value in Kings Point is $2,000,001.
The median income in Kings Point is $153,603.
According to the most recent data on the cost of living, Kings Point has an overall cost of living index of 372, which is 3.7x higher than the national index of 100.
Compared to New York, Kings Point has a cost of living index that's 3.0x higher than New York's index of 126.
The standard of living in Kings Point ranks as #340 most affordable out of the 340 places we measured in New York. By definition, that implies Kings Point ranks as the #0 most expensive place in the Empire State.
For more reading on life in Kings Point, check out:
Six factors go into calculating the cost of living index in Kings Point. Here is how it fairs on each of the criteria:
The Services index in Kings Point is 131.
The Groceries index in Kings Point is 146.
The Health index in Kings Point is 112.
The Housing index in Kings Point is 934.
The Transportation index in Kings Point is 131.
The Utilities index in Kings Point is 96.
Living Expense | Kings Point | New York | National Average | |
---|---|---|---|---|
Overall | 372 | 126 | 100 | |
Services | 131 | 110 | 100 | |
Groceries | 146 | 104 | 100 | |
Health | 112 | 105 | 100 | |
Housing | 934 | 175 | 100 | |
Transportation | 131 | 107 | 100 | |
Utilities | 96 | 102 | 100 |
Housing swings affordability the most between places in New York, 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 Point is $2,000,001.
The Median Rent in Kings Point is -.
The Median Income in Kings Point is $153,603.
The Home Value To Income in Kings Point is 13.0x.
The Rent To Monthly Income in Kings Point is nanx.
Statistic | Kings Point | New York | United States |
---|---|---|---|
Median Home Value | $2,000,001 | $340,600 | $244,900 |
Median Rent | - | $1,390 | $1,163 |
Median Income | $153,603 | $75,157 | $69,021 |
Home Value To Income | 13.0x | 4.5x | 3.5x |
Rent To Monthly Income | nanx | 0.22x | 0.2x |
Item | Kings Point | New York |
---|---|---|
Shampoo | $1.67 | $1.06 |
Movie | $16.31 | $10.68 |
Bowling | $20.49 | $14.67 |
Haircut | $23.25 | $18.62 |
Beauty Salon | $60.79 | $39.05 |
Item | Kings Point | New York |
---|---|---|
Ground Beef | $6.4 | $4.22 |
Fried Chicken | $2.65 | $1.39 |
Milk | $3.11 | $2.05 |
Potatoes | $4.16 | $3.29 |
Pizza | $12.33 | $10.62 |
Beer | $12.01 | $9.38 |
Toothpaste | $4.42 | $2.34 |
Item | Kings Point | New York |
---|---|---|
Optometrist | $108.08 | $108.57 |
Doctor | $106.72 | $116.17 |
Dentist | $124.43 | $99.13 |
Item | Kings Point | New York |
---|---|---|
Gasoline | $2.62 | $2.22 |
Tire Balancing | $80.22 | $50.07 |
Item | Kings Point | New York |
---|---|---|
All Electricity | $157.7 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Kings Point. Here's a quick look at the cost of living in the most populous nearby places:
Levittown, NY has a cost of living index of 140, 0.4x Kings Point.
Plainview, NY has a cost of living index of 155, 0.4x Kings Point.
Massapequa, NY has a cost of living index of 163, 0.4x Kings Point.
City | Population | Cost Of Living | Vs. Kings Point |
---|---|---|---|
Levittown, NY | 52,540 | 140 | 0.4x |
Plainview, NY | 26,665 | 155 | 0.4x |
Massapequa, NY | 22,249 | 163 | 0.4x |
Merrick, NY | 20,990 | 172 | 0.5x |
Syosset, NY | 19,347 | 177 | 0.5x |
Woodmere, NY | 17,267 | 176 | 0.5x |
Massapequa Park, NY | 17,149 | 157 | 0.4x |
Great Neck, NY | 11,034 | 196 | 0.5x |
Malverne, NY | 8,583 | 149 | 0.4x |
Manorhaven, NY | 6,923 | 178 | 0.5x |