Housing costs in Forest City?
A typical home costs
$168,200, which is 50.3% less expensive than the national average of
$338,100 and 41.9% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Forest City costs
$770 per month, which is 30.6% cheaper than the national average of
$1,110 and close to the state average of
$770.
Can I afford Forest City?
To live comfortably in Forest City (zip 28043), North Carolina, a minimum annual income of
$32,400 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Forest City?
The cost of living in 28043 Forest City, NC is relatively affordable compared to other areas in the country. The median home price for the area is about $110,000, which is much lower than the national average of $200,000. Rent in the area is also quite reasonable with one-bedroom apartments averaging around $600 per month. Property taxes are on par with most of North Carolina while the sales tax rate is a bit higher at 7.25%. The overall cost of living index for Forest City sits slightly below 100, making it approximately 2% cheaper to live than the national average.