Cost of Living in King, NC

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

98.4

100 = national avg

-1.6 vs national average

Living Wage (1 Adult)

$43,306

per year

Living Wage (Family of 4)

$102,360

per year

Cost Index by Category

Housing
104.8
Food
96.2
Transportation
92.6
Healthcare
97.0
Utilities
98.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,082

per month

2 Bedroom

$1,232

per month

The overall cost of living index in King is 98.4, which is 1.6% below the national average. Housing costs are above the national average at an index of 104.8. A single adult needs to earn approximately $43,306 per year to cover basic expenses.