Kinston cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexKinstonNorth CarolinaNational
Cost of living index9195100
IndexKinstonNorth CarolinaNational
Goods & Services index106100100
Groceries index11399100
Health care index104105100
Housing index6187100
Transportation index9294100
Utilities index9797100
The above illustration supplies generalized information for the Kinston, NC cost of living index. Compared to other cities in North Carolina and cities across the country, the cost of living index in Kinston, NC is 91, which is 5% lower than the North Carolina average and 9% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Kinston, NC are 5% higher than the average for North Carolina and 6% higher than the rest of the country.

Did you know?

  • The cost of living in Kinston is 5% lower than the North Carolina average.
  • The cost of living in Kinston is 9% lower than the national average.
  • The cost of housing in Kinston is 39% lower than the national average.
  • North Carolina general sales tax is 7% lower than the national average.
  • North Carolina state income tax is 159% higher than the national average.

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Compare Kinston, NC Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Kinston, NC to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Kinston, NC, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Kinston, NC salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$48,267$4,022$1,126$1,448
Renters$19,285$1,607$450$579
The affordability of the housing market in Kinston, NC as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Kinston, NC homeowners, the median income is $48,267. This indicates that a monthly maximum of $1,126 should be spent by homeowners on all housing related costs. Renters have a median income of $19,285. This indicates that renters should have a maximum of $450 used for their rent related monthly costs.

North Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Carolina4.75%7.5%

North Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
North Carolina5.75%5.75%
One thing to keep in mind when considering the cost of living in Kinston, NC is the North Carolina sales tax and North Carolina income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The North Carolina sales tax rate is 4.75% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.

Goods & Services

ItemKinstonNational avg.Difference
Haircut $19.33$15.5624.2%
Beauty Salon $46.08$36.1127.6%
Toothpaste $2.96$2.4719.6%
Shampoo $1.12$0.9616.4%
Movie $11.39$10.1312.4%
Bowling $4.90$4.743.5%

Groceries

ItemKinstonNational avg.Difference
Ground Beef $3.99$3.980.1%
Fried Chicken $1.70$1.4120.8%
Milk $2.05$2.060.7%
Potatoes $3.82$2.9828.2%
Pizza $10.85$9.4714.6%
Beer $9.88$8.7912.4%

Health Care

ItemKinstonNational avg.Difference
Optometrist $99.33$101.041.7%
Doctor $100.00$107.446.9%
Dentist $102.03$90.4212.8%
Ibuprofen $9.13$9.281.6%
Lipitor $444.00$426.504.1%

Housing

ItemKinstonNational avg.Difference
Home Price $101,900.00$175,700.0042.0%
Avg. Mortgage Payment $760.15$1,133.2332.9%
Apartment Rent $637.00$920.0030.8%

Transportation

ItemKinstonNational avg.Difference
Gasoline $1.90$1.994.5%
Tire Balancing $37.83$45.7617.3%

Utilities

ItemKinstonNational avg.Difference
All Electricity$139.48$163.8114.9%
Phone $31.99$28.3912.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Maury, NC1,22885-15%
La Grange, NC2,85686-14%
Snow Hill, NC1,87887-13%
Dover, NC42686-14%
Seven Springs, NC11889-11%
Kinston, NC21,58991-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bay Point, CA21,58611414%
Sunny Isles Beach, FL21,58311919%
Clarksville, IN21,57986-14%
Ramona, CA21,57813232%
Stoneham, MA21,61114949%
Kinston, NC21,58991-9%
Source: The Kinston, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.