Forest, VA Cost Of Living
Cost Of Living In Forest, VA Summary
Cost of living in Forest 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 is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Virginia, 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 is 98, with 100 being the average.
The cost of living index in Forest is 1.0x lower than the national average.
Forest ranks as the #43 cheapest in Virginia out of 186.
Forest ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Forest is $272,100.
The median income in Forest is $80,000.
Table Of Contents
Forest's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Forest, VA?
According to the most recent data on the cost of living, Forest has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Virginia, Forest has a cost of living index that's 1.0x lower than Virginia's index of 102.
The standard of living in Forest ranks as #43 most affordable out of the 186 places we measured in Virginia. By definition, that implies Forest ranks as the #143 most expensive place in the Old Dominion.
For more reading on life in Forest, check out:
- Living In Forest
- Search Homes For Sale In Forest, VA
In Virginia
In America
Forest Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Forest. Here is how it fairs on each of the criteria:
The Services index in Forest is 94.
The Groceries index in Forest is 83.
The Health index in Forest is 98.
The Housing index in Forest is 107.
The Transportation index in Forest is 88.
The Utilities index in Forest is 103.
| Living Expense | Forest | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 98 | 102 | 100 | |
| Services | 94 | 102 | 100 | |
| Groceries | 83 | 98 | 100 | |
| Health | 98 | 102 | 100 | |
| Housing | 107 | 107 | 100 | |
| Transportation | 88 | 95 | 100 | |
| Utilities | 103 | 102 | 100 | |
Forest, VA Housing Cost Breakdown
Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Forest is $272,100.
The Median Rent in Forest is $998.
The Median Income in Forest is $80,000.
The Home Value To Income in Forest is 3.4x.
The Rent To Monthly Income in Forest is 0.15x.
| Statistic | Forest | Virginia | United States |
|---|---|---|---|
| Median Home Value | $272,100 | $295,500 | $244,900 |
| Median Rent | $998 | $1,326 | $1,163 |
| Median Income | $80,000 | $80,615 | $69,021 |
| Home Value To Income | 3.4x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Forest, VA Costs By Category
Detailed Forest Services Costs Vs. Virginia
Detailed Forest Groceries Costs Vs. Virginia
Detailed Forest Health Costs Vs. Virginia
Detailed Forest Transportation Costs Vs. Virginia
Detailed Forest Utilities Costs Vs. Virginia
Forest SnackAbility
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Cost Of Living In Cities Around Forest
The cost of living varies in the cities and towns around Forest. Here's a quick look at the cost of living in the most populous nearby places:
Scranton, PA has a cost of living index of 94, 1.0x Forest.
Dickson, TN has a cost of living index of 92, 0.9x Forest.
Dunmore, PA has a cost of living index of 100, 1.0x Forest.
| City | Population | Cost Of Living | Vs. Forest |
|---|---|---|---|
| Scranton, PA | 75,987 | 94 | 1.0x |
| Dickson, TN | 15,855 | 92 | 0.9x |
| Dunmore, PA | 14,009 | 100 | 1.0x |
| Carbondale, PA | 8,828 | 89 | 0.9x |
| Archbald, PA | 7,295 | 95 | 1.0x |
| Blakely, PA | 6,640 | 96 | 1.0x |
| Olyphant, PA | 5,359 | 97 | 1.0x |
