Cost of Living in Forest City, FL
Population 14,871 · Florida · Data vintage 2023
(100 = US avg)
Forest City is a smaller Florida community of around 15000 residents, where median household incomes of $84,337 and housing costs ($365,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Forest City sits roughly 20 miles northwest of Orlando — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Orlando's $359,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Forest City
The median home value in Forest City is $364,900 — 20% above the national median of $305,000. Median rent runs $1,706/month, 30% higher than the national median of $1,314/month. The median household income of $84,337/year is 13% higher than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Forest City has a cost of living index of 124 versus the US average of 100, meaning it is 24% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Forest City, FL?
Forest City has a cost index of 124 (100 = national average). It is 24% above the national average.
What is average rent in Forest City, FL?
The median gross rent in Forest City is $1,706 per month based on 2023 Census data.
What is the average home price in Forest City?
The median home value in Forest City is $364,900 according to 2023 Census ACS data.
What is the median income in Forest City?
The median household income in Forest City is $84,337 per year (2023 ACS 5-year estimates).
What is the sales tax in Forest City, FL?
The combined state and local sales tax rate in Forest City is 7.0%. Florida has no state income tax.
Is Forest City, FL affordable?
Forest City is above average in cost of living, with an index of 124 — about 24% higher than the national average.
Forest City at a Glance
- Population
- 14,871
- Median Income
- $84,337
- Home Value
- $364,900
- Median Rent
- $1,706/mo
- Unemployment
- 4.1%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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