Forestbrook 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.
IndexForestbrookSouth CarolinaNational
Cost of living index9797100
IndexForestbrookSouth CarolinaNational
Goods & Services index99105100
Groceries index103105100
Health care index113101100
Housing index8780100
Transportation index10196100
Utilities index100107100
Displayed above is a general overview of the Forestbrook, SC cost of living index. The overall cost of living index in Forestbrook, SC is 97, which is equal to the South Carolina average and 3% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Forestbrook, SC are 6% lower than the South Carolina average and 1% lower than the national average.

Did you know?

  • The cost of living in Forestbrook is equal to the South Carolina average.
  • The cost of living in Forestbrook is 3% lower than the national average.
  • The cost of housing in Forestbrook is 13% lower than the national average.
  • South Carolina general sales tax is 18% higher than the national average.
  • South Carolina state income tax is 100% lower than the national average.

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Compare Forestbrook, SC Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Forestbrook, SC to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Forestbrook, SC, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Forestbrook, SC salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,010$5,168$1,447$1,860
Renters$19,931$1,661$465$598
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Forestbrook, SC as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Forestbrook, SC homeowners, is $62,010. This would allow for a maximum of $1,447 per month to be spent on housing costs. For renters, the median monthly income is $19,931 which would result in a maximum of $465 to be spent on rental costs.

South Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
South Carolina6%9%

South Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
South Carolina0%7%
When you are determining the total cost of living in Forestbrook, SC you will want to make sure you consider both the South Carolina sales tax and the South Carolina income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in South Carolina is 6%, with the highest surtax being 9%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in South Carolina have a range from 0% to 7%.

Goods & Services

ItemForestbrookNational avg.Difference
Haircut $14.22$15.568.6%
Beauty Salon $41.53$36.1115.0%
Toothpaste $2.12$2.4714.3%
Shampoo $1.00$0.963.3%
Movie $11.29$10.1311.5%
Bowling $3.90$4.7417.7%

Groceries

ItemForestbrookNational avg.Difference
Ground Beef $4.72$3.9818.5%
Fried Chicken $1.36$1.413.1%
Milk $1.97$2.064.5%
Potatoes $3.34$2.9812.0%
Pizza $9.13$9.473.6%
Beer $8.69$8.791.1%

Health Care

ItemForestbrookNational avg.Difference
Optometrist $110.28$101.049.1%
Doctor $140.44$107.4430.7%
Dentist $101.50$90.4212.3%
Ibuprofen $8.83$9.284.9%
Lipitor $427.77$426.500.3%

Housing

ItemForestbrookNational avg.Difference
Home Price $160,000.00$175,700.008.9%
Avg. Mortgage Payment $958.55$1,133.2315.4%
Apartment Rent $728.00$920.0020.9%

Transportation

ItemForestbrookNational avg.Difference
Gasoline $1.96$1.991.6%
Tire Balancing $48.95$45.767.0%

Utilities

ItemForestbrookNational avg.Difference
All Electricity$167.71$163.812.4%
Phone $28.00$28.391.4%
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.
Bucksport, SC76086-14%
Atlantic Beach, SC26788-12%
Garden City, SC8,82493-7%
Conway, SC18,64594-6%
Socastee, SC20,49696-4%
Forestbrook, SC4,53997-3%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Goulding, FL4,53984-16%
Mount Vernon, MO4,53982-18%
New Castle, CO4,53812121%
North Westport, MA4,54012424%
Ellisville, MS4,54078-22%
Forestbrook, SC4,53997-3%
Source: The Forestbrook, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.