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 | Springfield | Wake Forest | Difference |
|---|---|---|---|
| Median rent | $1,126/mo | $1,354/mo | 16.8% lower in A |
| Median home value | $293,200 | $397,300 | 26.2% lower in A |
| Median household income | $60,982 | $115,159 | 47.0% lower in A |
| Groceries index | 104.9 | 97.2 | 7.9% higher in A |
| Utilities index | 109.3 | 90.7 | 20.5% higher in A |
| Transportation index | 101.6 | 98.9 | 2.7% higher in A |
| Healthcare index | 101.4 | 97.2 | 4.4% 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 Springfield, you'd need $99,830 in Wake Forest to maintain your standard of living.
Climate, safety, and demographics side by side.
Springfield and Wake Forest have nearly identical overall cost-of-living indices. Housing costs are roughly 9% lower in Springfield than in Wake Forest. If you earn $80,000 in Springfield, you'd need about $79,864 in Wake Forest to keep the same standard of living.