Cost of Living in King, NC
Housing
The housing market plays a significant role in determining the cost of living in King, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: $234,000
- Average Rent (2 BR Apartment): $1603 per month
- Average Rent (2 BR House): $1742 per month
Considering the data for King, NC, the housing index is currently at an unusually low level, indicating either a temporary market anomaly or potential challenges in rental availability. With a median home price of 234000, purchasing a home may represent a financially viable option. However, the lack of data on average rents for both 2-bedroom apartments and houses suggests a lack of rental opportunities, which could spur potential growth in the housing market. Be prepared for a landscape that may still be evolving as the situation unfolds.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in King, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $234 per month
Living in King, NC could entail higher utility costs. Electricity costs sit at $13.72, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $234 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if King is a financially viable option for your relocation.