The cost of living index in King, NC, is notably lower than the nationwide average of 100. Specifically, the overall cost of living stands at 89, reflecting lower expenses across most categories. Housing prices, at 85, contribute most to this reduction, followed by miscellaneous costs at 88. Despite lower costs, residents still face moderate prices in groceries and utilities, both at 90.
Job seekers considering King, North Carolina, will find the cost of living there slightly below the nationwide average. The cost of living index for King stands at 90, which is 10% lower than the national benchmark of 100. This reduction can be attributed to more affordable housing and miscellaneous costs. For example, housing in King is 15% less expensive, with an index of 85, while miscellaneous costs are 12% lower, showing an index of 88.
Transportation and groceries also align closely with the national average, each showing a slight reduction. Transportation costs in King are at 90, just 10% below the national average, making daily commutes and travel more budget-friendly. Groceries cost slightly less in King, with an index of 90, also 10% below the national average. This means residents can save a bit on both daily commutes and food expenses. Despite healthcare and utilities being slightly higher, with indexes of 95, overall, King provides a cost-effective living environment compared to the nationwide average.
