| Index | New Kingman-Butler | Arizona | National |
| Cost of living | 88 | 101 | 100 |
| Groceries | 101 | 101 | 100 |
| Health care | 102 | 101 | 100 |
| Housing | 54 | 96 | 100 |
| Transportation | 103 | 102 | 100 |
| Utilities | 112 | 111 | 100 |
| Lifestyle & Entertainment | 103 | 103 | 100 |
| Household Items | 99 | 101 | 100 |
| Education & Childcare | 102 | 103 | 100 |
The cost of living in New Kingman-Butler affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in New Kingman-Butler is 88, which is 12% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Housing expenses often consume a significant portion of your net income, occasionally surpassing 30%. Fortunately, housing costs in New Kingman-Butler are 46.4% below the national average. This highlights the region's exceptional affordability for both homeownership and rentals in comparison to the rest of the country. This favorable housing situation allows residents to allocate a more reasonable fraction of their income to housing, resulting in enhanced financial flexibility and improved overall financial well-being.
Is New Kingman-Butler affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take New Kingman-Butler, for instance, where the median home price falls 58.4% lower than the national average, and monthly rent rates are 18.2% lower than usual. Additionally, median income levels contribute to the equation, with New Kingman-Butler flaunting a median household income of $53,597, 34.1% lower than the national norm.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In New Kingman-Butler, the transportation index is 2.6% higher than the national average.
Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday household expenses, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In New Kingman-Butler, the standard sales tax rate starts at 5.6%, and the income tax rates commence at 2.5%.
The cost of living estimates displayed for New Kingman-Butler are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $57,314 | $4,776 | $1,337 | $1,720 |
| Renters | $42,321 | $3,527 | $987 | $1,270 |
| State | General Sales Tax | With Max Surtax |
| Arizona | 5.6% | 10.725% |
| State | Income Tax (Low) | Income Tax (High) |
| Arizona | 2.5% | 2.5% |
| City | Population | Cost of Living Index | National Avg. |
| McConnico, AZ | 0 | 103 | 2.6% |
| Pinion Pines, AZ | 194 | 103 | 2.6% |
| So-Hi, AZ | 338 | 85 | 15.3% |
| Chloride, AZ | 407 | 86 | 13.7% |
| Antares, AZ | 168 | 87 | 12.7% |
| New Kingman-Butler, AZ | 13,385 | 88 | 12.1% |
| City | Population | Cost of Living Index | National Avg. |
| Sharon, PA | 13,388 | 79 | 21.3% |
| Portland, TN | 13,381 | 94 | 6.2% |
| Butler, PA | 13,395 | 88 | 11.8% |
| Connersville, IN | 13,374 | 83 | 17.2% |
| Lumberton, TX | 13,374 | 99 | 0.9% |
| New Kingman-Butler, AZ | 13,385 | 88 | 12.1% |
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