Cost of living in Forestbrook 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 Forestbrook is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in South Carolina, 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 Forestbrook is 98, with 100 being the average.
The cost of living index in Forestbrook is 1.0x lower than the national average.
Forestbrook ranks as the #72 cheapest in South Carolina out of 99.
Forestbrook ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Forestbrook is $238,100.
The median income in Forestbrook is $63,511.
According to the most recent data on the cost of living, Forestbrook has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to South Carolina, Forestbrook has a cost of living index that's 1.0x higher than South Carolina's index of 96.
The standard of living in Forestbrook ranks as #72 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Forestbrook ranks as the #27 most expensive place in the Palmetto State.
For more reading on life in Forestbrook, check out:
Six factors go into calculating the cost of living index in Forestbrook. Here is how it fairs on each of the criteria:
The Services index in Forestbrook is 103.
The Groceries index in Forestbrook is 99.
The Health index in Forestbrook is 108.
The Housing index in Forestbrook is 84.
The Transportation index in Forestbrook is 109.
The Utilities index in Forestbrook is 105.
Living Expense | Forestbrook | South Carolina | National Average | |
---|---|---|---|---|
Overall | 98 | 96 | 100 | |
Services | 103 | 99 | 100 | |
Groceries | 99 | 100 | 100 | |
Health | 108 | 96 | 100 | |
Housing | 84 | 89 | 100 | |
Transportation | 109 | 90 | 100 | |
Utilities | 105 | 107 | 100 |
Housing swings affordability the most between places in South Carolina, 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 Forestbrook is $238,100.
The Median Rent in Forestbrook is $1,047.
The Median Income in Forestbrook is $63,511.
The Home Value To Income in Forestbrook is 3.7x.
The Rent To Monthly Income in Forestbrook is 0.2x.
Statistic | Forestbrook | South Carolina | United States |
---|---|---|---|
Median Home Value | $238,100 | $181,800 | $244,900 |
Median Rent | $1,047 | $970 | $1,163 |
Median Income | $63,511 | $58,234 | $69,021 |
Home Value To Income | 3.7x | 3.1x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Item | Forestbrook | South Carolina |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $10.35 | $10.68 |
Bowling | $13.67 | $14.67 |
Haircut | $15.0 | $18.62 |
Beauty Salon | $42.5 | $39.05 |
Item | Forestbrook | South Carolina |
---|---|---|
Ground Beef | $4.32 | $4.22 |
Fried Chicken | $1.48 | $1.39 |
Milk | $2.58 | $2.05 |
Potatoes | $4.3 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $9.69 | $9.38 |
Toothpaste | $3.23 | $2.34 |
Item | Forestbrook | South Carolina |
---|---|---|
Optometrist | $116.4 | $108.57 |
Doctor | $121.67 | $116.17 |
Dentist | $120.22 | $99.13 |
Item | Forestbrook | South Carolina |
---|---|---|
Gasoline | $2.5 | $2.22 |
Tire Balancing | $63.96 | $50.07 |
Item | Forestbrook | South Carolina |
---|---|---|
All Electricity | $180.8 | $167.67 |
Phone | $177.09 | $175.64 |
The cost of living varies in the cities and towns around Forestbrook. Here's a quick look at the cost of living in the most populous nearby places:
Myrtle Beach, SC has a cost of living index of 97, 1.0x Forestbrook.
Socastee, SC has a cost of living index of 98, 1.0x Forestbrook.
Conway, SC has a cost of living index of 96, 1.0x Forestbrook.
City | Population | Cost Of Living | Vs. Forestbrook |
---|---|---|---|
Myrtle Beach, SC | 35,116 | 97 | 1.0x |
Socastee, SC | 24,657 | 98 | 1.0x |
Conway, SC | 22,001 | 96 | 1.0x |
North Myrtle Beach, SC | 18,502 | 112 | 1.1x |
Red Hill, SC | 16,060 | 100 | 1.0x |
Murrells Inlet, SC | 9,695 | 107 | 1.1x |