F
23%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
40%
Housing NAT. AVG.
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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 Kingsburg California National
Cost of living123140100
Goods & Services105111100
Groceries107112100
Health care93109100
Housing140196100
Transportation127126100
Utilities157127100

An Overview of Cost of Living in Kingsburg, CA

Knowing the cost of living in Kingsburg allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Kingsburg stands at 123, marking it 23% higher than the national average.

The cost of living in Kingsburg is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Kingsburg falls into this category, which may not be suitable for those seeking an economically favorable living environment.

When it comes to the cost of living in Kingsburg, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 40% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.

Is Kingsburg Affordable?

Wondering if Kingsburg is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Kingsburg, for example, the median home price is 50.7% higher than what folks pay nationally, and monthly rent is 15.2% higher than the usual rates. Plus, income levels matter too, with Kingsburg boasting a median household income of $73,281, which is 32.5% higher than the national average.

What Factors can Influence the Cost of Living in Kingsburg?

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 Kingsburg, the general sales tax rate starts at 7.25%, and income tax rates begin at 1%.

Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Kingsburg, the transportation index is 27.2% higher than the national average.

Where is the Data From?

The cost of living in Kingsburg, 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.

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Cost Of Living Quick Facts

  • The cost of living in Kingsburg is 12% lower than the California average
  • The cost of living in Kingsburg is 23% higher than the national average
  • Kingsburg housing is 40% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 61% lower than the national average

Most Affordable Places to Live in and Around Kingsburg

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Compare Kingsburg, CA Cost of Living

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      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$88,406$7,367$2,063$2,652
      Renters$65,034$5,420$1,517$1,951
      A good way to judge both the affordability of the housing and the cost of living in Kingsburg is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Kingsburg has a median income of about $88,406 for people who own homes. Based on that number, a maximum of $2,063 should be spent on expenses related to housing. Renters have a slightly different median income, which is $65,034. Based on this average, renters should spend no more than $1,517 on all rental costs if they want to maintain a non-impoverished standard of living.

      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%

      Goods & Services

      Item Kingsburg National avg. Difference
      Haircut $26.25$24.268.2%
      Beauty Salon $89.33$45.5696.1%
      Toothpaste $3.75$3.701.3%
      Shampoo $1.48$1.2815.6%
      Movie $18.12$12.1349.4%
      Bowling $22.67$18.0025.9%

      Groceries

      Item Kingsburg National avg. Difference
      Ground Beef $5.77$5.841.1%
      Fried Chicken $2.63$1.5767.0%
      Milk $4.91$4.675.0%
      Potatoes $4.90$4.930.6%
      Pizza $13.49$12.0911.6%
      Beer $11.13$10.416.9%

      Health Care

      Item Kingsburg National avg. Difference
      Optometrist $142.20$125.6813.1%
      Doctor $131.33$135.783.3%
      Dentist $131.50$113.2916.1%
      Ibuprofen $11.78$10.6510.6%
      Lipitor $508.17$468.608.4%

      Housing

      Item Kingsburg National avg. Difference
      Home Price $278,300.00$184,700.0050.7%
      Avg. Mortgage Payment $5,847.37$2,346.69149.2%
      Apartment Rent $1,093.00$949.0015.2%

      Transportation

      Item Kingsburg National avg. Difference
      Gasoline $4.62$3.4633.6%
      Tire Balancing $61.00$59.921.8%

      Utilities

      Item Kingsburg National avg. Difference
      All Electricity $231.40$193.9919.3%
      Phone $193.81$192.250.8%
      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.
      Monson, CA21011515.0%
      Hardwick, CA15511515.0%
      Monmouth, CA1131011.5%
      Laton, CA1,9671054.8%
      London, CA1,5341065.8%
      Kingsburg, CA12,11612322.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Platteville, WI12,113937.1%
      Mackenzie County, AB12,113n/a 
      Poquoson, VA12,12112322.7%
      Lake Tapps, WA12,12914747.3%
      Middle Valley, TN12,100945.8%
      Kingsburg, CA12,11612322.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.