Cost of living in Kingston 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 Kingston 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 Kingston is 86, with 100 being the average.
The cost of living index in Kingston is 0.9x lower than the national average.
Kingston ranks as the #46 cheapest in Tennessee out of 105.
Kingston ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Kingston is $176,300.
The median income in Kingston is $65,508.
According to the most recent data on the cost of living, Kingston has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Kingston has a cost of living index that's 1.0x lower than Tennessee's index of 90.
The standard of living in Kingston ranks as #46 most affordable out of the 105 places we measured in Tennessee. By definition, that implies Kingston ranks as the #59 most expensive place in the Volunteer State.
For more reading on life in Kingston, check out:
Six factors go into calculating the cost of living index in Kingston. Here is how it fairs on each of the criteria:
The Services index in Kingston is 87.
The Groceries index in Kingston is 87.
The Health index in Kingston is 90.
The Housing index in Kingston is 78.
The Transportation index in Kingston is 88.
The Utilities index in Kingston is 94.
Living Expense | Kingston | Tennessee | National Average | |
---|---|---|---|---|
Overall | 86 | 90 | 100 | |
Services | 87 | 93 | 100 | |
Groceries | 87 | 96 | 100 | |
Health | 90 | 88 | 100 | |
Housing | 78 | 82 | 100 | |
Transportation | 88 | 90 | 100 | |
Utilities | 94 | 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 Kingston is $176,300.
The Median Rent in Kingston is $735.
The Median Income in Kingston is $65,508.
The Home Value To Income in Kingston is 2.7x.
The Rent To Monthly Income in Kingston is 0.13x.
Statistic | Kingston | Tennessee | United States |
---|---|---|---|
Median Home Value | $176,300 | $193,700 | $244,900 |
Median Rent | $735 | $951 | $1,163 |
Median Income | $65,508 | $58,516 | $69,021 |
Home Value To Income | 2.7x | 3.3x | 3.5x |
Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Kingston. Here's a quick look at the cost of living in the most populous nearby places:
Oak Ridge, TN has a cost of living index of 88, 1.0x Kingston.
Farragut, TN has a cost of living index of 112, 1.3x Kingston.
Sweetwater, TN has a cost of living index of 81, 0.9x Kingston.
City | Population | Cost Of Living | Vs. Kingston |
---|---|---|---|
Oak Ridge, TN | 31,087 | 88 | 1.0x |
Farragut, TN | 23,388 | 112 | 1.3x |
Sweetwater, TN | 6,228 | 81 | 0.9x |
Harriman, TN | 5,936 | 79 | 0.9x |
Rockwood, TN | 5,492 | 78 | 0.9x |