Kings Bay, GA, offers a favorable cost of living compared to the nationwide average. Specifically, the cost of living index for Kings Bay stands at 92, which is 2% lower than the national average of 100. This slight decrease suggests that residents in Kings Bay may find certain living expenses more affordable.
The detailed breakdown shows that housing, utilities, and miscellaneous costs are notably lower, while groceries, transportation, and healthcare expenses are close to the national average. This balanced index makes Kings Bay an attractive option for those seeking a more affordable lifestyle without significant trade-offs in essential services.
Kings Bay, GA, presents a cost of living that is generally lower than the nationwide average, which is set at 100. The housing index in Kings Bay is 85, indicating that housing costs about 15% less than the national average. This is a significant consideration for potential residents looking to save on living expenses. Lower housing costs can free up funds for other necessities or discretionary spending, making it an attractive aspect of living in Kings Bay.
Beyond housing, the grocery index in Kings Bay stands at 95, which is 5% below the national average. This suggests that residents can expect to spend slightly less on food compared to the average American household. Utilities, with an index of 90, also provide a bit of relief, being 10% cheaper than the national norm. Transportation costs are nearly on par with the national average, at 92, showing only a slight decrease of 8%. Healthcare, however, is slightly above the national average at 97, reflecting a 3% higher cost. Miscellaneous expenses are also slightly lower at 88, showing a 12% reduction. This combination of cost indices makes Kings Bay an appealing option for those seeking a balance of affordability and quality of life.
