Cost of Living: Forest city, NC vs Albany, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Forest city | Albany |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $210,000 | $141,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Forest city vs Albany
- In Forest city, the median home price is higher at $210,000, while in Albany it is $141,000.
- The rent for a two-bedroom apartment is equal in both Forest city and Albany at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Forest city | Albany |
|---|---|---|
| Electricity Price | $13.72 | $14.89 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Forest city vs Albany
- Albany has higher electricity costs at $14.89 per kWh, versus $13.72 in Forest city.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Forest city and Albany averaging $200.