Cost of Living in Kitty Hawk, NC

With a cost of living index of 115, Kitty Hawk, NC is somewhat more expensive than average. Living here is 15% more expensive than the national average and 30% above the North Carolina state average of 84. Kitty Hawk is a small community of 3,721 residents.

Housing costs are the biggest factor in Kitty Hawk's cost of living. The median monthly rent is $1,366 (4% above the US median of $1,319), and the median home value sits at $494,200 (62% above the national median of $304,900). At current prices, the median home costs roughly 5.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Kitty Hawk is $88,811, which is 18% higher than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.