A+
11%
Overall NAT. AVG.
17%
Goods & Services NAT. AVG.
11%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Kingman Arizona National
Cost of living89101100
Goods & Services83104100
Groceries100102100
Health care9294100
Housing8997100
Transportation99106100
Utilities8795100

An Overview of Cost of Living in Kingman, AZ

Are you thinking about relocating, but curious about the potential cost of living in Kingman? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Kingman stands at 89, making it 11% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

Everyday essentials such as clothing, personal hygiene products and entertainment all contribute to your overall cost of living. The good news is that in Kingman, these goods and services come in at 17.4% less than the national average. This means you can enjoy the things you need and love without breaking the bank. With such savings, you have the opportunity to allocate more funds towards your savings or other financial goals, ultimately enhancing your financial well-being.

What Do Locals Say About the Cost of Living in Kingman?

Nobody knows their city better than the people who actually live there. So, we asked 26 local residents how they would rate the cost of living in Kingman and this is how they responded. 54% of people said that the cost of living was affordable, with prices decreasing, while 46% of people said that the cost of living was very expensive and prices continue to rise.

Is Kingman Affordable?

Is Kingman an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Kingman, the median home price is 12.2% lower than what most folks pay across the country, and monthly rent prices are 7% lower than the usual rates. Income levels in Kingman come in at $51,081, which is 7.7% lower than the national average.

What Factors can Influence the Cost of Living in Kingman?

Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Kingman, the utilities index stands at 12.8% lower than the national average.

Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.

Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Kingman, the general sales tax rate starts at 5.6%, and income tax rates begin at 2.55%.

Where is the Data From?

The cost of living in Kingman, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

New Real Estate Listings in Kingman Area
Search Homes for Sale in Kingman, AZ

Cost Of Living Quick Facts

  • The cost of living in Kingman is 11% lower than the Arizona average
  • The cost of living in Kingman is 11% lower than the national average
  • Kingman housing is 11% lower than the national average
  • Arizona general sales tax is 10% higher than the national average
  • Arizona state income tax is 4% lower than the national average

Most Affordable Places to Live in and Around Kingman

See all the best places to live around Kingman

Compare Kingman, AZ Cost of Living

      vs
      How would you rate the cost of living in Kingman?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Kingman?
      Write a review to give others more information about this area.
      See all Kingman poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$56,577$4,715$1,320$1,697
      Renters$38,721$3,227$903$1,162
      The affordability of the housing market in Kingman, AZ as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Kingman homeowners, the median income is $56,577. This indicates that a monthly maximum of $1,320 should be spent by homeowners on all housing related costs. Renters have a median income of $38,721. This indicates that renters would have a maximum of $903 for their rent related monthly costs.

      Arizona Sales Tax

      State General Sales Tax With Max Surtax
      Arizona 5.6% 10.725%

      Arizona Income Tax

      State Income Tax (Low) Income Tax (High)
      Arizona 2.5% 2.5%

      Goods & Services

      Item Kingman National avg. Difference
      Haircut $30.00$24.2623.7%
      Beauty Salon $45.83$45.560.6%
      Toothpaste $3.41$3.708.0%
      Shampoo $1.35$1.285.4%
      Movie $13.08$12.137.8%
      Bowling $27.50$18.0052.8%

      Groceries

      Item Kingman National avg. Difference
      Ground Beef $6.14$5.845.1%
      Fried Chicken $1.46$1.577.0%
      Milk $4.89$4.674.7%
      Potatoes $4.66$4.935.6%
      Pizza $14.82$12.0922.6%
      Beer $11.30$10.418.5%

      Health Care

      Item Kingman National avg. Difference
      Optometrist $169.83$125.6835.1%
      Doctor $136.00$135.780.2%
      Dentist $124.17$113.299.6%
      Ibuprofen $11.20$10.655.1%
      Lipitor $521.56$468.6011.3%

      Housing

      Item Kingman National avg. Difference
      Home Price $162,200.00$184,700.0012.2%
      Avg. Mortgage Payment $3,416.09$2,346.6945.6%
      Apartment Rent $883.00$949.007.0%

      Transportation

      Item Kingman National avg. Difference
      Gasoline $3.93$3.4613.4%
      Tire Balancing $72.35$59.9220.8%

      Utilities

      Item Kingman National avg. Difference
      All Electricity $145.78$193.9924.9%
      Phone $185.71$192.253.4%
      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 Population Cost of Living Index National Avg.
      McConnico, AZ08910.7%
      Pinion Pines, AZ1888910.7%
      So-Hi, AZ3307524.9%
      New Kingman-Butler, AZ12,9817821.7%
      Golden Valley, AZ8,1617920.6%
      Kingman, AZ30,4338910.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Long Branch, NJ30,42413837.8%
      Atascadero, CA30,44415454.4%
      Parkville, MD30,4591087.8%
      Galesburg, IL30,4058416.1%
      Holladay, UT30,46113939.3%
      Kingman, AZ30,4338910.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.