Forest Hill, TX Cost Of Living
Cost Of Living In Forest Hill, TX Summary
Cost of living in Forest Hill 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 Hill is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, 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 Hill is 95, with 100 being the average.
The cost of living index in Forest Hill is 0.9x lower than the national average.
Forest Hill ranks as the #190 cheapest in Texas out of 414.
Forest Hill ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Forest Hill is $222,395.
The median income in Forest Hill is $59,653.
Table Of Contents
Forest Hill's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Forest Hill, TX?
According to the most recent data on the cost of living, Forest Hill has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Texas, Forest Hill has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Forest Hill ranks as #190 most affordable out of the 414 places we measured in Texas. By definition, that implies Forest Hill ranks as the #224 most expensive place in the Lone Star State.
For more reading on life in Forest Hill, check out:
In Texas
In America
Forest Hill Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Forest Hill. Here is how it fairs on each of the criteria:
The Services index in Forest Hill is 108.
The Groceries index in Forest Hill is 100.
The Health index in Forest Hill is 109.
The Housing index in Forest Hill is 77.
The Transportation index in Forest Hill is 89.
The Utilities index in Forest Hill is 113.
| Living Expense | Forest Hill | Texas | National Average | |
|---|---|---|---|---|
| Overall | 95 | 92 | 100 | |
| Services | 108 | 97 | 100 | |
| Groceries | 100 | 97 | 100 | |
| Health | 109 | 93 | 100 | |
| Housing | 77 | 82 | 100 | |
| Transportation | 89 | 94 | 100 | |
| Utilities | 113 | 104 | 100 | |
Forest Hill, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, 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 Hill is $222,395.
The Median Rent in Forest Hill is $1,506.
The Median Income in Forest Hill is $59,653.
The Home Value To Income in Forest Hill is 3.7x.
The Rent To Monthly Income in Forest Hill is 0.3x.
| Statistic | Forest Hill | Texas | United States |
|---|---|---|---|
| Median Home Value | $222,395 | $298,905 | $303,400 |
| Median Rent | $1,506 | $1,339 | $1,348 |
| Median Income | $59,653 | $76,292 | $78,538 |
| Home Value To Income | 3.7x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.3x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Forest Hill, TX Costs By Category
Detailed Forest Hill Services Costs Vs. Texas
| Item | Forest Hill | Texas |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $14.6 | $12.13 |
| Bowling | $24.53 | $18 |
| Haircut | $33.29 | $24.26 |
| Beauty Salon | $65.85 | $45.56 |
Detailed Forest Hill Groceries Costs Vs. Texas
| Item | Forest Hill | Texas |
|---|---|---|
| Ground Beef | $5.23 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.65 | $4.67 |
| Potatoes | $4.93 | $4.93 |
| Pizza | $11.3 | $12.09 |
| Beer | $10.93 | $10.41 |
| Toothpaste | $3.57 | $3.7 |
Detailed Forest Hill Health Costs Vs. Texas
| Item | Forest Hill | Texas |
|---|---|---|
| Optometrist | $143.73 | $125.68 |
| Doctor | $140.69 | $135.78 |
| Dentist | $130.53 | $113.29 |
Detailed Forest Hill Transportation Costs Vs. Texas
| Item | Forest Hill | Texas |
|---|---|---|
| Gasoline | $3.09 | $3.46 |
| Tire Balancing | $52.04 | $59.92 |
Detailed Forest Hill Utilities Costs Vs. Texas
| Item | Forest Hill | Texas |
|---|---|---|
| All Electricity | $219.02 | $193.99 |
| Phone | $208.71 | $192.25 |
Forest Hill SnackAbility
/10
Cost Of Living In Cities Around Forest Hill
The cost of living varies in the cities and towns around Forest Hill. Here's a quick look at the cost of living in the most populous nearby places:
Kalispell, MT has a cost of living index of 109, 1.1x Forest Hill.
Evergreen, MT has a cost of living index of 102, 1.1x Forest Hill.
Columbia Falls, MT has a cost of living index of 97, 1.0x Forest Hill.
| City | Population | Cost Of Living | Vs. Forest Hill |
|---|---|---|---|
| Kalispell, MT | 26,830 | 109 | 1.1x |
| Evergreen, MT | 8,908 | 102 | 1.1x |
| Columbia Falls, MT | 5,531 | 97 | 1.0x |
