Cost of Living in Wake Forest, NC
Overall index: 125 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 125 | +25% | $1,021 |
| Transportation | 102 | +2% | $3.50 |
| Food | 162 | +62% | $664 |
| Utilities | 113 | +13% | $225 |
| Healthcare | 113 | +13% | $163 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Wake Forest?
A single adult living comfortably in Wake Forest, NC needs approximately $43,750 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Wake Forest, NC?
The overall cost of living in Wake Forest, NC is 25% higher than the US national average (index: 125 where 100 = national average).
How much is rent in Wake Forest, NC?
Average rent for a 1-bedroom apartment in Wake Forest, NC is about $1,021/month.
Is Wake Forest, NC expensive to live in?
Yes, Wake Forest, NC is considered expensive (index above national average).
What salary do I need to live in Wake Forest, NC?
A single adult needs roughly $43,750/year to cover basic living costs in Wake Forest, NC.