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Carrboro, NC vs Forest City, NC

116
Carrboro
North Carolina
VS
+67.7%
69
Forest City
North Carolina

The cost of living difference between Carrboro, NC and Forest City, NC is dramatic. Forest City is 67.7% cheaper than Carrboro, a gap that translates to thousands of dollars per year in household expenses. Carrboro has a cost index of 116 while Forest City sits at 69, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Carrboro is $1,337/month compared to $815/month in Forest City — a 64% difference. Home values follow the same pattern: Forest City is more affordable at $142,100 median vs $507,100.

Median household income in Carrboro is $85,927 compared to $35,897 in Forest City (+139.4%). While Carrboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carrboro spend roughly 18.7% of their income on rent, less than the 27.2% in Forest City.

Income & Cost

Cost of Living Index
Carrboro
116
Forest City
69
40% cheaper
Median Household Income
Carrboro
$85,927
58% higher
Forest City
$35,897

Housing

Median Rent
Carrboro
$1,337
Forest City
$815
39% cheaper
Median Home Value
Carrboro
$507,100
Forest City
$142,100
72% cheaper
Population
Carrboro
21,170
Forest City
7,368

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Carrboro $2.97
Forest City
US $3.07
🥚
Eggs (grade A, large)
Carrboro $2.42
Forest City
US $2.50
🥛
Milk (whole)
Carrboro $3.90
Forest City
US $4.03
🍞
Bread (white)
Carrboro $1.79
Forest City
US $1.85
🍗
Chicken breast
Carrboro $4.01
Forest City
US $4.14
Electricity
Carrboro $0.16
Forest City
US $0.19