Forest Acres, SC Cost Of Living

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Updated: 2020-03-08
Forest Acres's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Forest Acres is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Forest Acres, SC?

According to the most recent data on the cost of living, Forest Acres has an overall cost of living index of 99 which is 1.0x lower than the national index of 100.

Compared to only South Carolina, Forest Acres has a cost of living index that's 1.1x higher than South Carolina's index of 94.

The standard of living in Forest Acres ranks as #3078 most affordable out of the 6522 places we measured in South Carolina. By definition, that implies Forest Acres ranks as the #3329 most expensive place in the Palmetto State.

Forest Acres Cost Of Living Vs. South Carolina

Living Expense Forest Acres South Carolina National Average
Overall 99 94 100
Services 97 102 100
Groceries 104 102 100
Health 75 95 100
Housing 98 80 100
Transportation 86 90 100
Utilities 127 107 100
For more reading on cost of living around South Carolina, check out:
Forest Acres Cost of Living Vs. SC

Forest Acres, SC Housing Cost Breakdown

Housing swings affordability the most between places in South Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Forest Acres South Carolina United States
Median Home Value $186,700 $154,800 $204,900
Median Rent $922 $868 $1,023
Median Income $64,926 $51,015 $60,293
Home Value To Income 2.9x 3.0x 3.4x
Rent To Monthly Income 0.17x 0.2x 0.2x

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Cost Of Living In Cities Around Forest Acres

City Population Cost Of Living Vs. Forest Acres
Columbia, SC 133,352 96 1.0x
St. Andrews, SC 21,494 89 0.9x
Lexington, SC 21,040 99 1.0x
West Columbia, SC 17,296 93 0.9x
Seven Oaks, SC 15,559 93 0.9x
Dentsville, SC 14,887 91 0.9x
Cayce, SC 13,621 92 0.9x
Irmo, SC 12,087 94 0.9x
Oak Grove, SC 10,993 93 0.9x
Woodfield, SC 9,730 90 0.9x

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