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Knightdale, NC vs Wake Forest, NC

109
Knightdale
North Carolina
VS
-4.3%
114
Wake Forest
North Carolina

Knightdale, NC and Wake Forest, NC have a very similar cost of living, with only a 4.3% difference in their overall index. Knightdale scores 109 while Wake Forest scores 114 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Knightdale is $1,573/month compared to $1,458/month in Wake Forest — a 8% difference. Interestingly, home values tell a different story: while Wake Forest has cheaper rent, Knightdale actually has lower median home values ($331,900 vs $435,000).

Median household income in Knightdale is $91,638 compared to $120,777 in Wake Forest (-24.1%). While Wake Forest is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Knightdale spend roughly 20.6% of their income on rent, more than the 14.5% in Wake Forest.

Income & Cost

Cost of Living Index
Knightdale
109
4% cheaper
Wake Forest
114
Median Household Income
Knightdale
$91,638
Wake Forest
$120,777
24% higher

Housing

Median Rent
Knightdale
$1,573
Wake Forest
$1,458
7% cheaper
Median Home Value
Knightdale
$331,900
24% cheaper
Wake Forest
$435,000
Population
Knightdale
19,532
Wake Forest
51,199

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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