Cost of living in Kingsport 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 Kingsport is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Tennessee, 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 Kingsport is 85, with 100 being the average.
The cost of living index in Kingsport is 0.8x lower than the national average.
Kingsport ranks as the #40 cheapest in Tennessee out of 105.
Kingsport ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Kingsport is $155,700.
The median income in Kingsport is $43,025.
According to the most recent data on the cost of living, Kingsport has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Tennessee, Kingsport has a cost of living index that's 0.9x lower than Tennessee's index of 90.
The standard of living in Kingsport ranks as #40 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Kingsport ranks as the #65 most expensive place in the Volunteer State.
For more reading on life in Kingsport, check out:
Six factors go into calculating the cost of living index in Kingsport. Here is how it fairs on each of the criteria:
The Services index in Kingsport is 96.
The Groceries index in Kingsport is 97.
The Health index in Kingsport is 92.
The Housing index in Kingsport is 71.
The Transportation index in Kingsport is 80.
The Utilities index in Kingsport is 85.
Living Expense | Kingsport | Tennessee | National Average | |
---|---|---|---|---|
Overall | 85 | 90 | 100 | |
Services | 96 | 93 | 100 | |
Groceries | 97 | 96 | 100 | |
Health | 92 | 88 | 100 | |
Housing | 71 | 82 | 100 | |
Transportation | 80 | 90 | 100 | |
Utilities | 85 | 93 | 100 |
Housing swings affordability the most between places in Tennessee, 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 Kingsport is $155,700.
The Median Rent in Kingsport is $720.
The Median Income in Kingsport is $43,025.
The Home Value To Income in Kingsport is 3.6x.
The Rent To Monthly Income in Kingsport is 0.2x.
Statistic | Kingsport | Tennessee | United States |
---|---|---|---|
Median Home Value | $155,700 | $193,700 | $244,900 |
Median Rent | $720 | $951 | $1,163 |
Median Income | $43,025 | $58,516 | $69,021 |
Home Value To Income | 3.6x | 3.3x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Kingsport. Here's a quick look at the cost of living in the most populous nearby places:
Bristol, TN has a cost of living index of 83, 1.0x Kingsport.
Bloomingdale, TN has a cost of living index of 81, 1.0x Kingsport.
Church Hill, TN has a cost of living index of 86, 1.0x Kingsport.
City | Population | Cost Of Living | Vs. Kingsport |
---|---|---|---|
Bristol, TN | 27,154 | 83 | 1.0x |
Bloomingdale, TN | 8,759 | 81 | 1.0x |
Church Hill, TN | 6,973 | 86 | 1.0x |
Jonesborough, TN | 5,747 | 94 | 1.1x |
Mount Carmel, TN | 5,460 | 88 | 1.0x |