Cost of Living in Forest Hill, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.3
100 = national avg
+12.3 vs national average
Living Wage (1 Adult)
$49,411
per year
Living Wage (Family of 4)
$116,789
per year
Cost Index by Category
Housing137.2
Food95.6
Transportation107.6
Healthcare96.5
Utilities104.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,473
per month
2 Bedroom
$1,723
per month
The overall cost of living index in Forest Hill is 112.3, which is 12.3% above the national average. Housing costs are above the national average at an index of 137.2. A single adult needs to earn approximately $49,411 per year to cover basic expenses.