Cost of Living in Forest Oaks, NC

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

147.0

100 = national avg

+47.0 vs national average

Living Wage (1 Adult)

$64,688

per year

Living Wage (Family of 4)

$152,900

per year

Cost Index by Category

Housing
167.3
Food
132.7
Transportation
118.6
Healthcare
126.2
Utilities
133.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,213

per month

2 Bedroom

$1,330

per month

The overall cost of living index in Forest Oaks is 147.0, which is 47.0% above the national average. Housing costs are above the national average at an index of 167.3. A single adult needs to earn approximately $64,688 per year to cover basic expenses.