King City, CA Cost Of Living

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King City 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.
Index	King City	California	National
Cost of living index	105	140	100
Index	King City	California	National
Goods & Services index	88	111	100
Groceries index	105	118	100
Health care index	111	113	100
Housing index	114	196	100
Transportation index	111	128	100
Utilities index	129	118	100

A general overview of the cost of living index for King City, CA is displayed above. In King City, CA, the overall cost of living index is 105, which is 25% lower than the California average and 5% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of King City, CA, the city's goods and services are 21% lower than the California average and 12% lower than the U.S. average.

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Did you know?

The cost of living in King City is 25% lower than the California average.
The cost of living in King City is 5% higher than the national average.
The cost of housing in King City is 14% higher than the national average.
California general sales tax is 42% higher than the national average.
California state income tax is 55% lower than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current salary in King City, CA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in King City, CA, then you would need to earn more income in order to maintain the same standard of living. To use the King City, CA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$49,847	$4,154	$1,163	$1,496
Renters	$31,080	$2,590	$725	$932

One can approximate the cost of living and the housing affordability in King City, CA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in King City, CA have a median income of $49,847. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,163 per month to avoid calamity and poverty. The renters in the city have an income of about $31,080, which would make their monthly maximum allowable rental costs $725.

California Sales Tax

State	General Sales Tax	With Max Surtax
California	7.25%	10.5%

California Income Tax

State	Income Tax (Low)	Income Tax (High)
California	1%	13.3%

For those who live in King City, CA and want to know what the true cost of living is, they ought to look at both the California income tax rate and the California sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In California, the sales tax is 7.25%, while the most you'll pay in surtax is 10.5%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in California, the income tax rate ranges between 1% to 13.3%.

Goods & Services

Item	King City	National avg.	Difference
Haircut	$27.50	$17.49	57.2%
Beauty Salon	$50.52	$38.17	32.4%
Toothpaste	$2.52	$2.32	8.6%
Shampoo	$1.06	$1.01	4.8%
Movie	$15.05	$10.72	40.3%
Bowling	$18.25	$13.86	31.7%

Groceries

Item	King City	National avg.	Difference
Ground Beef	$4.36	$3.90	11.8%
Fried Chicken	$2.03	$1.40	45.4%
Milk	$2.27	$1.96	15.7%
Potatoes	$3.20	$3.18	0.5%
Pizza	$10.74	$10.39	3.3%
Beer	$8.99	$9.23	2.6%

Health Care

Item	King City	National avg.	Difference
Optometrist	$127.00	$106.34	19.4%
Doctor	$148.00	$115.25	28.4%
Dentist	$99.60	$98.38	1.2%
Ibuprofen	$10.06	$9.26	8.6%
Lipitor	$502.77	$466.47	7.8%

Housing

Item	King City	National avg.	Difference
Home Price	$216,900.00	$184,700.00	17.4%
Avg. Mortgage Payment	$1,556.13	$1,273.32	22.2%
Apartment Rent	$995.00	$949.00	4.8%

Transportation

Item	King City	National avg.	Difference
Gasoline	$3.24	$2.59	25.0%
Tire Balancing	$45.00	$48.90	8.0%

Utilities

Item	King City	National avg.	Difference
All Electricity	$260.15	$167.60	55.2%
Phone	$173.87	$163.42	6.4%

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, State	Population	Cost of Living Index	National Avg.
Greenfield CDP, CA	4,582	90	-10%
San Lucas, CA	362	98	-2%
San Ardo, CA	821	98	-2%
Greenfield, CA	16,994	109	9%
Pine Canyon, CA	1,799	115	15%
King City, CA	13,532	105	5%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Bexley, OH	13,534	109	9%
Lebanon, NH	13,528	112	12%
Lakeland South, WA	13,525	135	35%
Cherry Hill Mall, NJ	13,540	116	16%
Hendersonville, NC	13,548	95	-5%
King City, CA	13,532	105	5%

Source: The King City, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

King City, CA Cost of Living