Zip 24551 (Forest, VA) Cost of Living


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Forest cost of living score
93.6
Less expensive
6.4% lower
than the US average
10.2% lower
than the Virginia average
Forest (zip 24551), Virginia gets a BestPlaces Cost of Living score of 93.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.4% lower than the U.S. average and 10.2% lower than the average for Virginia.

Zip 24551 (Forest, VA)

Housing costs in Forest?
A typical home costs $351,600, which is 4.0% more expensive than the national average of $338,100 and 2.4% more expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Forest costs $1,040 per month, which is 25.7% cheaper than the national average of $1,400 and 10.6% more than the state average of $930.

Can I afford Forest?
To live comfortably in Forest (zip 24551), Virginia, a minimum annual income of $67,320 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Forest?
The cost of living in 24551 Forest, VA is quite affordable, with groceries and health care costs being lower than the national average. Other expenses such as utilities and transportation are also reasonable. The median home value for this area is just over $150,000, making it an attractive option for those looking to buy property. Additionally, there are plenty of rental opportunities available at more affordable prices for those who wish to rent. In general, 24551 Forest, VA offers a high quality of life at a low cost of living.
   Cost of living score
     CategoriesForestVirginiaUnited States
  93.6104.2100.0
  101.699.6100
  104.6103.1100.0
  105.8112.9100.0
  $351,600$343,200$338,100
  101.7%99.3%100.0%
  78.799.4100.0
  117.7113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Forest
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The Forest/Lynchburg area is probably the best area on the East Coast for adults with young families/kids. We have lived here for one year now, and couldn't be more  More

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Over 17 years ago

Good place. A little  More

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