The cost of living index in Forest City, NC, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in Forest City are 20% lower, while utilities are 10% lower. Groceries, healthcare, and miscellaneous costs are slightly below the national average, with percentages ranging from 5% to 10% lower. Transportation costs are also 15% lower, making Forest City a more affordable place to live in these areas.
Forest City, NC, offers a cost of living that is notably lower than the nationwide average. The cost of living index for the entire nation is set at 100, and Forest City's index stands at 88. This means that, on average, residents in Forest City can expect to spend about 12% less on their daily expenses compared to the national average. Housing, for instance, is 20% cheaper in Forest City, making it a more affordable option for those looking to settle down.
In addition to housing, other categories such as groceries, utilities, and healthcare also show a favorable comparison. Groceries cost 5% less, utilities are 10% cheaper, and healthcare expenses are also 10% lower. Transportation costs are slightly lower at 15%, and miscellaneous expenses are just 2% below the national average. This combination of lower costs across various categories makes Forest City an attractive location for job seekers and families looking to manage their budgets more effectively.
