Cost of living in Kenneth City, FL

Are you planning a move to Kenneth City, FL and wondering if it is an expensive place to live in? We’ll break down the cost of living in Kenneth City by answering the following key questions - what is expected cost of living Kenneth City, what is the median income in Kenneth City, what is a good livable salary in Kenneth City, and what are the average rent and home prices in Kenneth City.

Is Kenneth City expensive to live in?

Kenneth City is part of Tampa-St. Petersburg-Clearwater Metro metro area, which is ranked 108 out of 273 cities across the US in terms of cost of living. According to C2ER (the Council for Community and Economic Research), the cost of living in Kenneth City is estimated to be 96.6% of the national average making it an average US city.

Total monthly expenditure you can expect to incur depends on the cost of housing, food, utilities, transportation, healthcare, other miscellaneous goods and services. Note that your household composition (single or married, number of kids) and home ownership status (renting vs. owning) might affect your monthly expenses.

Kenneth City, FL is ranked
108/273 cities in the US
estimated to be 96.6% of the national average making it an average US city

  See our Kenneth City City Guide

How does Kenneth City compare with the rest of the US?

Kenneth City is ranked 108 out of 273 cities across the US in terms of cost of living. The cost of living in Kenneth City is 96.6% of the national average.

Compare Kenneth City to:

CategoryKenneth CityU.S. Average
Hamburger$4.5
(-0.55%)
$4.52
Chicken (2 pcs)$4.45
(+6.88%)
$4.14
Large Pizza$9.99
(-6.49%)
$10.64
Milk (1/2 gal)$2.7
(+24.95%)
$2.03
Bread$3.41
(+1.32%)
$3.37
Doctor Visit$92.7
(-24.91%)
$115.79
Dentist Visit$106.3
(+6.45%)
$99.45
Rent$1,335.67
(+12.37%)
$1,170.47
Mortgage$897.65
(-33.25%)
$1,196.14
Gas$2.02
(-5.10%)
$2.12
Energy Bill$180.49
(+8.16%)
$165.76
Compared to national average
3% lower
Housing compared to national average
13% lower

What is a cost of living calculator?

A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city. It takes into account various expenses that you will make in your daily lives (on housing, food, utilities, transportation, entertainment, etc.) and helps you determine a livable salary. The prices of goods and services vary in different cities, and hence having a cost of living index or calculator can make the decision to move easier by allowing you to directly compare one city with another.

Cost of Living Calculator for Kenneth City

Get an estimate of the pre-tax and post-tax income, your expected expenditure on food, utilities, transportation, housing, and more with our cost-of-living calculator. Simply pick your marital status and family type from the drop-down. The calculator will give you a breakdown of your monthly spends on food, utilities, transportation, housing, healthcare, and other miscellaneous items to help you determine your cost of living in Kenneth City. Try it now.

Marital Status

Family Type

Your required pre-tax income
$0
Your required post-tax income
$0
CategoryExpenditure
Food$0
Utilities$0
Transportation$0
Healthcare$0
Housing (Rent / Mortgage)$0
Other Housing$0
Miscllaneous$0
Total Annual Expenditure$0

What is a livable salary in Kenneth City?

The median household income in a city certainly helps gauge the cost of living. The median household income in Kenneth City is $46,238, which is 16% less than that of the state. The median income for an individual is $32,413, which is 3% more than that of the state.

The minimum salary you need to live in Kenneth City is the sum of your daily expenses (groceries, utilities, transportation, entertainment), your monthly housing-related costs (rent, mortgage, insurance, maintenance), any debt expenses (monthly interest payments and principal paydowns), as well as your savings and investment goals.

A good rule of thumb for housing affordability is the 28% rule: your monthly rent or the sum of your monthly mortgage, property taxes, and insurance should not exceed 28% of your gross income (income before tax).

Understanding the expected costs in Kenneth City can help you determine whether a given salary is a livable salary. For instance, if you know the typical housing costs in Kenneth City, you can use widely followed simple rules to determine if you can afford it on your salary. A good rule of thumb for housing affordability is the 28% rule: your monthly rent or the sum of your monthly mortgage, property taxes, and insurance should not exceed 28% of your gross income (income before tax). Another good rule of thumb is the 50-30-20 rule which says 50% of the net income (income after tax) should be spent on needs, 30% on wants, and 20% on savings and investments. So plan to ensure that your net income covers your needs and wants, so that you can live comfortably in Kenneth City, FL.

Median Household Income
$46,238

Median Individual Income
$32,413

What is the average rent in Kenneth City?

Housing is generally the biggest monthly cost that you would need to account for. The average rent in Kenneth City (located in Tampa-St. Petersburg-Clearwater Metro) metro area for a 2-bed home is $1,335, which is 14% more than the average rent across the US. However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay.

Rent compared to national average
14% more

What is the median home price in Kenneth City?

The median home price in Kenneth City is $280,000 with a median price per sqft of $263.

The cost of living index for housing estimates the cost of housing in Kenneth City to be 87.4% of the national average. This makes it an average US city.

Median Home Price
280k
Median Price/Sqft
$263
Average Rent
$1,335
Housing Index
87.4%

About the cost of living data

  1. To calculate the cost of living, data has been taken from C2ER (Council for Community and Economic Research)
  2. The Cost of Living Index takes into account the data from 273 cities across the US
  3. The Cost of Living Index and hence, the ranking reflects cost differentials for professional households in the top income quintile

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The MLS data provided for the property above is provided courtesy of ZeroDown. Source: Southeast Florida MLS. Information is deemed reliable but not guaranteed. © 2021. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the Southeast Florida Multiple Listing Service (MLS): Miami Association of REALTORS®, REALTOR® Association of Greater Ft. Lauderdale and South Broward Board of REALTORS®. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.


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