The cost of living in Forest City, NC, reflects a more affordable lifestyle compared to the nationwide average. The overall cost of living index for Forest City is 89, which is 11% lower than the national average of 100. Specifically, housing in Forest City costs 28% less than the national average, making it a particularly attractive area for those seeking a budget-friendly place to live. Groceries, transportation, and healthcare also show a slight decrease, though groceries remain close to the national average at just 2% less.
Forest City, NC, offers a notably lower cost of living compared to the nationwide average, which is set at 100. Housing costs in Forest City are 28% below the national average, with an index of 72. This reduction in housing expenses can make it easier for individuals and families to find affordable living arrangements. Additionally, groceries in Forest City are only 2% below the national average, with an index of 98, indicating that food costs remain quite reasonable.
Other essential costs also reflect a similar trend. Utilities in Forest City are 13% below the national average, with an index of 87. This means residents can expect lower monthly bills for electricity, gas, water, and internet services. Transportation costs are 8% below the average, at an index of 92, suggesting that commuting and vehicle-related expenses are relatively low. Healthcare costs are at 90, just 10% below the national average, making medical services more affordable. Miscellaneous expenses, including entertainment and personal care, are also 15% below the average, with an index of 85. These lower costs make Forest City an attractive option for those looking to manage their living expenses efficiently.