Forest City, NC Cost Of Living

The latest cost of living statistics for Forest City. Includes statistics on rent, mortgages, healthcare, and other costs for Forest City compared to the state and national averages.

Cost of living in Forest City, North Carolina

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 North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

89 Cost of living index 0.9x lower vs US
#17 Cheapest in North Carolina (of 159)
#897 Cheapest in the U.S. (of 6,489)
$193,559 Median home value
$813 Median rent
$35,524 Median income
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What is the cost of living in Forest City, NC?

According to the most recent data on the cost of living, Forest City has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to North Carolina, Forest City has a cost of living index that's 0.9x lower than North Carolina's index of 95.

The standard of living in Forest City ranks as #17 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Forest City ranks as the #142 most expensive place in the Tar Heel State.

For more reading on life in Forest City, check out:

Forest City Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Forest City. Here is how it fares on each of the criteria:

  • The Services index in Forest City is 95.

  • The Groceries index in Forest City is 100.

  • The Health index in Forest City is 64.

  • The Housing index in Forest City is 96.

  • The Transportation index in Forest City is 103.

  • The Utilities index in Forest City is 96.

Living Expense Forest City North Carolina National Average
Overall 89 95 100
Services 95 98 100
Groceries 100 98 100
Health 64 89 100
Housing 96 100 100
Transportation 103 97 100
Utilities 96 101 100

Forest City Cost Of Living Compared To North Carolina Averages

Services
Forest City 95
North Carolina avg 98
Groceries
Forest City 100
North Carolina avg 98
Health
Forest City 64
North Carolina avg 89
Housing
Forest City 96
North Carolina avg 100
Transportation
Forest City 103
North Carolina avg 97
Utilities
Forest City 96
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Forest City, NC Housing Cost Breakdown

$193,559Median Home Value
$813Median Rent
$35,524Median Income

Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Forest City is $193,559.

  • The Median Rent in Forest City is $813.

  • The Median Income in Forest City is $35,524.

  • The Home Value To Income in Forest City is 5.4x.

  • The Rent To Monthly Income in Forest City is 0.27x.

Statistic Forest City North Carolina United States
Median Home Value $193,559 $336,407 $332,700
Median Rent $813 $1,228 $1,413
Median Income $35,524 $72,388 $80,734
Home Value To Income 5.4x 4.6x 4.1x
Rent To Monthly Income 0.27x 0.2x 0.21x

Forest City, NC Costs By Category

Detailed Forest City Services costs vs. North Carolina
Item Forest City North Carolina
Shampoo $1.38 $1.28
Movie $12.15 $12.13
Bowling $16.41 $18
Haircut $25.1 $24.26
Beauty Salon $45.93 $45.56
Detailed Forest City Groceries costs vs. North Carolina
Item Forest City North Carolina
Ground Beef $5.46 $5.84
Fried Chicken $1.67 $1.57
Milk $4.58 $4.67
Potatoes $5.5 $4.93
Pizza $10.64 $12.09
Beer $10.46 $10.41
Toothpaste $3.67 $3.7
Detailed Forest City Health costs vs. North Carolina
Item Forest City North Carolina
Optometrist $108.14 $125.68
Doctor $131.8 $135.78
Dentist $103.51 $113.29
Detailed Forest City Transportation costs vs. North Carolina
Item Forest City North Carolina
Gasoline $3.16 $3.46
Tire Balancing $67.1 $59.92
Detailed Forest City Utilities costs vs. North Carolina
Item Forest City North Carolina
All Electricity $171.72 $193.99
Phone $191.25 $192.25

Forest City SnackAbility

5Overall SnackAbility
Jobs 3/10
Housing 4/10
Affordability 5/10
Diversity 9/10
SafetyN/A
Amenities 7/10
Education 5/10
Commute 8/10