Cost of Living in King, NC
Population 7,345 · North Carolina · Data vintage 2023
(100 = US avg)
King sits on the smaller end of the North Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.6% points to a labor market well on the tight side of the national distribution.
King sits roughly 13 miles northwest of Winston-Salem — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 9% higher than Winston-Salem's $208,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in King
The median home value in King is $227,500 — 25% below the national median of $305,000. Median rent runs $937/month, 29% lower than the national median of $1,314/month. The median household income of $60,451/year is 19% lower than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 69.4°F and lows of 49.6°F. Overall, King has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.
King has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 49 | 53 | 61 | 71 | 78 | 85 | 88 | 86 | 80 | 71 | 60 | 52 |
| Low °F | 31 | 33 | 40 | 48 | 57 | 65 | 69 | 68 | 61 | 49 | 39 | 34 |
| Precip" | 3.35 | 2.89 | 3.60 | 3.71 | 3.76 | 3.64 | 4.24 | 4.51 | 3.86 | 3.28 | 3.06 | 3.30 |
Frequently Asked Questions
What is the cost of living in King, NC?
King has a cost index of 73 (100 = national average). It is 27% below the national average.
What is average rent in King, NC?
The median gross rent in King is $937 per month based on 2023 Census data.
What is the average home price in King?
The median home value in King is $227,500 according to Zillow and Census data.
What is the median income in King?
The median household income in King is $60,451 per year (2023 ACS 5-year estimates).
What is the sales tax in King, NC?
The combined state and local sales tax rate in King is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is King, NC affordable?
Yes, King is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.
What is the weather like in King?
King has average high temperatures of 69.4°F and average lows of 49.6°F. Annual precipitation is 43.2". Data from NOAA 1991–2020 Climate Normals.
King at a Glance
- Population
- 7,345
- Median Income
- $60,451
- Home Value
- $227,500
- Median Rent
- $937/mo
- Unemployment
- 1.6%
- Avg High Temp
- 69.4°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
Similar Cost Cities
Cities in other states with comparable housing costs