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Cost of Living in Kingston

Is it better to rent or buy in Kingston? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$89,635
$1,464/mo

Median in area: $1,464

$359,849

Median in area: $359,849

$71,970

If you Rent

🔑
$1,693 /mo
Base Rent$1,464
Est. Utilities$229
% of Income22.7%
Pre-tax Residual$5,777

If you Buy

🏠
$2,717 /mo
P&I (6.5%)$1,820
Taxes & Ins$668
Est. Utilities$229
% of Income36.4%
Pre-tax Residual$4,753

Cost of Living FAQs

Is it cheaper to rent or buy in Kingston?›

Based on median housing data, renting is currently more affordable on a monthly basis in Kingston. The estimated all-in monthly cost for renting is $1,693, while owning a median-priced home with a 20% down payment is roughly $2,717 per month (a difference of $1,024).

How much do utilities cost in Kingston?›

The average monthly utility cost (electricity and natural gas) for a typical home in Kingston is approximately $229. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Kingston?›

To comfortably afford the median rent and utilities in Kingston without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $67,720 per year.