Cost of Living in Forestbrook, SC

With a cost of living index of 90, Forestbrook, SC is slightly more affordable than average. Living here is 10% cheaper than the national average and 8% above the South Carolina state average of 82. Forestbrook is a smaller community of 7,450 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Forestbrook's cost of living. The median monthly rent is $1,087 (18% below the US median of $1,319), and the median home value sits at $298,800 (2% below the national median of $304,900). At current prices, the median home costs roughly 3.8x the median household income — a moderately affordable ratio by today's standards.

The median household income in Forestbrook is $77,791, which is 4% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Forestbrook. The area sees an average annual temperature of 64°F, with summers averaging 79°F and winters around 48°F. Annual rainfall totals 48.5 inches spread over roughly 122 days.

Everyday prices in the Myrtle Beach-Conway-North Myrtle Beach, SC (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.