Forest City, FL Cost Of Living
Cost Of Living In Forest City, FL Summary
Cost of living in Forest City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Forest City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Forest City is 111, with 100 being the average.
The cost of living index in Forest City is 1.1x higher than the national average.
Forest City ranks as the #285 cheapest in Florida out of 459.
Forest City ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Forest City is $423,358.
The median income in Forest City is $84,337.
Table Of Contents
Forest City's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Forest City, FL?
According to the most recent data on the cost of living, Forest City has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Forest City has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Forest City ranks as #285 most affordable out of the 459 places we measured in Florida. By definition, that implies Forest City ranks as the #174 most expensive place in the Sunshine State.
For more reading on life in Forest City, check out:
In Florida
In America
Forest City Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Forest City. Here is how it fairs on each of the criteria:
The Services index in Forest City is 101.
The Groceries index in Forest City is 97.
The Health index in Forest City is 94.
The Housing index in Forest City is 146.
The Transportation index in Forest City is 93.
The Utilities index in Forest City is 89.
| Living Expense | Forest City | Florida | National Average | |
|---|---|---|---|---|
| Overall | 111 | 97 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 94 | 98 | 100 | |
| Housing | 146 | 96 | 100 | |
| Transportation | 93 | 97 | 100 | |
| Utilities | 89 | 95 | 100 | |
Forest City, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Forest City is $423,358.
The Median Rent in Forest City is $1,706.
The Median Income in Forest City is $84,337.
The Home Value To Income in Forest City is 5.0x.
The Rent To Monthly Income in Forest City is 0.24x.
| Statistic | Forest City | Florida | United States |
|---|---|---|---|
| Median Home Value | $423,358 | $377,066 | $303,400 |
| Median Rent | $1,706 | $1,564 | $1,348 |
| Median Income | $84,337 | $71,711 | $78,538 |
| Home Value To Income | 5.0x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Forest City, FL Costs By Category
Detailed Forest City Services Costs Vs. Florida
| Item | Forest City | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $13.54 | $12.13 |
| Bowling | $19.87 | $18 |
| Haircut | $26.53 | $24.26 |
| Beauty Salon | $55.13 | $45.56 |
Detailed Forest City Groceries Costs Vs. Florida
| Item | Forest City | Florida |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $13.13 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.84 | $3.7 |
Detailed Forest City Health Costs Vs. Florida
| Item | Forest City | Florida |
|---|---|---|
| Optometrist | $118.44 | $125.68 |
| Doctor | $137.0 | $135.78 |
| Dentist | $125.36 | $113.29 |
Detailed Forest City Transportation Costs Vs. Florida
| Item | Forest City | Florida |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
Detailed Forest City Utilities Costs Vs. Florida
| Item | Forest City | Florida |
|---|---|---|
| All Electricity | $190.71 | $193.99 |
| Phone | $194.67 | $192.25 |
Forest City SnackAbility
/10
