Cost of living in Forest Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Forest Park is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Forest Park is 85, with 100 being the average.
The cost of living index in Forest Park is 0.8x lower than the national average.
Forest Park ranks as the #25 cheapest in Georgia out of 154.
Forest Park ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Forest Park is $82,400.
The median income in Forest Park is $37,370.
According to the most recent data on the cost of living, Forest Park has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Georgia, Forest Park has a cost of living index that's 1.0x lower than Georgia's index of 89.
The standard of living in Forest Park ranks as #25 most affordable out of the 154 places we measured in Georgia. By definition, that implies Forest Park ranks as the #129 most expensive place in the Peach State.
For more reading on life in Forest Park, check out:
Six factors go into calculating the cost of living index in Forest Park. Here is how it fairs on each of the criteria:
The Services index in Forest Park is 101.
The Groceries index in Forest Park is 105.
The Health index in Forest Park is 103.
The Housing index in Forest Park is 47.
The Transportation index in Forest Park is 101.
The Utilities index in Forest Park is 85.
Living Expense | Forest Park | Georgia | National Average | |
---|---|---|---|---|
Overall | 85 | 89 | 100 | |
Services | 101 | 95 | 100 | |
Groceries | 105 | 96 | 100 | |
Health | 103 | 98 | 100 | |
Housing | 47 | 76 | 100 | |
Transportation | 101 | 90 | 100 | |
Utilities | 85 | 86 | 100 |
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Forest Park is $82,400.
The Median Rent in Forest Park is $900.
The Median Income in Forest Park is $37,370.
The Home Value To Income in Forest Park is 2.2x.
The Rent To Monthly Income in Forest Park is 0.29x.
Statistic | Forest Park | Georgia | United States |
---|---|---|---|
Median Home Value | $82,400 | $206,700 | $244,900 |
Median Rent | $900 | $1,110 | $1,163 |
Median Income | $37,370 | $65,030 | $69,021 |
Home Value To Income | 2.2x | 3.2x | 3.5x |
Rent To Monthly Income | 0.29x | 0.2x | 0.2x |
Item | Forest Park | Georgia |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $14.15 | $10.68 |
Bowling | $17.17 | $14.67 |
Haircut | $21.0 | $18.62 |
Beauty Salon | $47.13 | $39.05 |
Item | Forest Park | Georgia |
---|---|---|
Ground Beef | $4.61 | $4.22 |
Fried Chicken | $1.3 | $1.39 |
Milk | $1.99 | $2.05 |
Potatoes | $3.16 | $3.29 |
Pizza | $10.06 | $10.62 |
Beer | $10.05 | $9.38 |
Toothpaste | $2.66 | $2.34 |
Item | Forest Park | Georgia |
---|---|---|
Optometrist | $110.27 | $108.57 |
Doctor | $119.8 | $116.17 |
Dentist | $105.78 | $99.13 |
Item | Forest Park | Georgia |
---|---|---|
Gasoline | $2.23 | $2.22 |
Tire Balancing | $52.08 | $50.07 |
Item | Forest Park | Georgia |
---|---|---|
All Electricity | $120.82 | $167.67 |
Phone | $185.08 | $175.64 |
The cost of living varies in the cities and towns around Forest Park. Here's a quick look at the cost of living in the most populous nearby places:
Smyrna, GA has a cost of living index of 106, 1.2x Forest Park.
Mableton, GA has a cost of living index of 98, 1.2x Forest Park.
East Point, GA has a cost of living index of 91, 1.1x Forest Park.
City | Population | Cost Of Living | Vs. Forest Park |
---|---|---|---|
Smyrna, GA | 55,460 | 106 | 1.2x |
Mableton, GA | 41,632 | 98 | 1.2x |
East Point, GA | 37,895 | 91 | 1.1x |
Chamblee, GA | 29,894 | 103 | 1.2x |
Decatur, GA | 24,334 | 124 | 1.5x |
Fayetteville, GA | 18,633 | 103 | 1.2x |
North Druid Hills, GA | 18,143 | 117 | 1.4x |
North Decatur, GA | 16,369 | 109 | 1.3x |
Riverdale, GA | 15,013 | 88 | 1.0x |
College Park, GA | 14,032 | 93 | 1.1x |