Housing costs in Forest Oaks?
A typical home costs
$280,600, which is 17.0% less expensive than the national average of
$338,100 and 3.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Forest Oaks costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 12.1% cheaper than the state average of
$1,110.
Can I afford Forest Oaks?
To live comfortably in Forest Oaks, North Carolina, a minimum annual income of
$53,640 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Forest Oaks?
The cost of living in Forest Oaks, NC is relatively low when compared to other cities in the state. Average rent prices for a one-bedroom apartment range from $600-$800 per month and groceries are reasonably priced. Other expenses such as utilities, transportation, and entertainment are also quite affordable. The overall cost of living in Forest Oaks is attractive to both new and current residents alike, making it an ideal place to live on a budget.