Forest Hill cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexForest HillTexasNational
Cost of living index9390100
IndexForest HillTexasNational
Goods & Services index11394100
Groceries index9289100
Health care index9895100
Housing index6781100
Transportation index10393100
Utilities index9895100
Here we can see a simple outline of the cost of living in Forest Hill, TX. As you can see, with the average cost of living in Forest Hill, TX being 93, that puts it 4% higher than the average of Texas and 7% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Forest Hill, TX, the price of goods and services are 20% higher than the average of Texas as well as 13% higher than the nation's average.

Did you know?

  • The cost of living in Forest Hill is 4% higher than the Texas average.
  • The cost of living in Forest Hill is 7% lower than the national average.
  • The cost of housing in Forest Hill is 33% lower than the national average.
  • Texas general sales tax is 23% higher than the national average.
  • Texas state income tax is 100% lower than the national average.

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Compare Forest Hill, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current income in Forest Hill, TX to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Forest Hill, TX, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Forest Hill, TX salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Forest Hill, TX, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Forest Hill, TX has a median income of about $50,124 for people who own homes. Based on that number, a person should spend a maximum of $1,169 on expenses related to housing. Renters have a slightly different median income, which is $34,816. Based on this average, renters should spend no more than $812 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Forest Hill, TX, it's important to take into account the sales tax for Texas, as well as the rate for income tax in Texas. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Texas is 8.25%, and the sales tax in the state of Texas is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Texas starts from 0% and goes up to 0%.

Goods & Services

ItemForest HillNational avg.Difference
Haircut $20.20$15.5629.8%
Beauty Salon $53.87$36.1149.2%
Toothpaste $2.28$2.477.8%
Shampoo $0.85$0.9611.9%
Movie $10.48$10.133.5%
Bowling $9.19$4.7494.0%


ItemForest HillNational avg.Difference
Ground Beef $3.53$3.9811.3%
Fried Chicken $1.15$1.4118.0%
Milk $1.66$2.0619.4%
Potatoes $2.79$2.986.6%
Pizza $9.15$9.473.4%
Beer $9.17$8.794.2%

Health Care

ItemForest HillNational avg.Difference
Optometrist $81.35$101.0419.5%
Doctor $102.94$107.444.2%
Dentist $89.92$90.420.6%
Ibuprofen $8.36$9.289.9%
Lipitor $450.98$426.505.7%


ItemForest HillNational avg.Difference
Home Price $76,900.00$175,700.0056.2%
Avg. Mortgage Payment $895.60$1,133.2321.0%
Apartment Rent $1,111.00$920.0020.8%


ItemForest HillNational avg.Difference
Gasoline $1.93$1.993.1%
Tire Balancing $54.04$45.7618.1%


ItemForest HillNational avg.Difference
All Electricity$167.30$163.812.1%
Phone $26.67$28.396.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Lakeside, TX28385-15%
Sansom Park, TX4,76989-11%
White Settlement, TX16,57190-10%
Everman, TX6,21391-9%
Haltom City, TX43,25992-8%
Forest Hill, TX12,61293-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Waunakee, WI12,61311919%
Boone, IA12,61984-16%
Mount Sinai, NY12,62015454%
Green River, WY12,60099-1%
Bainbridge, GA12,60089-11%
Forest Hill, TX12,61293-7%
Source: The Forest Hill, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.