Wake Forest, North Carolina vs. Alcoa, Tennessee

Cost of Living Comparison

The cost of living in Alcoa, Tennessee is 22.5% cheaper than Wake Forest, North Carolina.

You would need a salary of $38,763 in Alcoa, Tennessee to maintain the standard of living you have in Wake Forest, North Carolina.
Comparison highlights
• Overall, Alcoa, Tennessee is cheaper than Wake Forest, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in Alcoa
than in Wake Forest, North Carolina
Wake Forest, NC vs. Alcoa, TN
Compared to Wake Forest, Alcoa is:
  Homeowner
      No Child Care, Taxes not Considered
  22.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  5.2% lower
  Housing (Homeowner)
  53.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  7.8% lower
  Commute
  10.3% lower
  Health
  2.0% higher
  Taxes
  Childcare
  Personal
  1.5% higher