City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | New York | Wake Forest | Difference |
|---|---|---|---|
| Median rent | $1,714/mo | $1,354/mo | 26.6% higher in A |
| Median home value | $732,100 | $397,300 | 84.3% higher in A |
| Median household income | $76,607 | $115,159 | 33.5% lower in A |
| Groceries index | 108.1 | 97.2 | 11.2% higher in A |
| Utilities index | 133.1 | 90.7 | 46.8% higher in A |
| Transportation index | 104.3 | 98.9 | 5.5% higher in A |
| Healthcare index | 104.1 | 97.2 | 7.1% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in New York, you'd need $80,337 in Wake Forest to maintain your standard of living.
Climate, safety, and demographics side by side.
Wake Forest, NC is about 19.7% cheaper overall than New York, NY, based on our cost-of-living index. Housing costs are roughly 28% lower in Wake Forest than in New York. If you earn $80,000 in New York, you'd need about $64,270 in Wake Forest to keep the same standard of living.