Raleigh

Cost of living in Wake Forest

Composed in-house · four inputs · 14% of the overall score
B−
71/100
9th of 14
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The four inputs
Housing cost index111
Raleigh 10045% · scores 68
Effective property tax rate0.82%
Raleigh 0.68%25% · scores 79
Utilities87
Raleigh 10020% · scores 73
Local sales tax7.00%
Raleigh median 7.00%10% · scores 60
Vertical rule marks the Raleigh reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.

Best Raleigh suburbs for cost of living

All 14 ranked, Wake Forest highlighted
1SmithfieldA−$242,5002DurhamB+$392,8003Fuquay-VarinaB+$451,5004GarnerB$355,0005RaleighB$415,8006WendellB$330,5007KnightdaleB$380,1008ClaytonB$329,6009Wake ForestB−$474,50010CaryB−$580,20011MorrisvilleB−$518,80012RolesvilleC+$535,00013ApexC+$576,10014Holly SpringsC$535,800
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Better than Wake Forest on cost of living

Wake Forest grades B− on cost of living. Six suburbs are within 25 miles and score higher on the same four inputs.

SuburbCost of livingMedian home valueEff. tax rateOverall
Durham22 mi from Wake ForestB+$393k0.83% 62 C Garner20 mi from Wake ForestB$355k0.75% 61 C Raleigh12 mi from Wake ForestB$416k0.72% 68 B− Wendell15 mi from Wake ForestB$331k0.77% 59 C Knightdale12 mi from Wake ForestB$380k0.75% 65 C+ Clayton21 mi from Wake ForestB$330k0.81% 56 C−
Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24