Cost of Living

The ACCRA Cost of Living Index compares the cost of living in cities and metro areas throughout the United States. An index score of 100 means a city is exactly as expensive as the national average. A score of less than 100 means a city is less expensive than the national average. A score of more than 100 means a city is more expensive than the national average.

  Comp. Index Grocery Items Housing Utilities Transportation Health Care Misc. Goods & Services
Raleigh-Cary, NC* 90.9 104.3 72 103.2 94.8 95.4 96.1
Asheville, NC 99.4 105.6 89.2 100.2 100.1 106.5 104.3
Charlotte, NC 93.7 100.9 80.6 102.2 93.8 96.7 99.2
Durham, NC 91.4 98.2 76.7 90.5 98.8 101.3 98.1
Greenville, NC 96.6 109.1 77.3 97.1 101.7 114.1 104.2
Albany, GA 91 105.9 79.2 93 93 85.6 94.6
Valdosta, GA 95.8 104.1 87 104.2 97 103.6 95.9
Greenville, SC 90.3 100.5 72.5 91.7 87.1 97.1 101.5
Spartanburg, SC 92.4 101.9 76.6 88.5 95.3 100 101.6
Austin, TX 94.4 91.1 87.1 93.2 98 97.4 101
Paris, TX 90.7 92.7 80.3 93.6 105.2 96.2 92.5
Baltimore, MD 118 115.4 156.4 105.1 103.6 101.7 96.3
Jackson, TN 93.3 93.1 74 88.3 100.6 87.9 110.2
Nashville, TN 87.7 96.3 72.8 88.3 91.8 82.7 96.6
Danville, VA 92.6 93.7 87.6 96.3 92.7 100.7 94.1
Lynchburg, VA 92.1 95.5 82.9 107.5 83.8 102.3 95
Richmond, VA 100.6 104.6 91.1 106.3 101.8 113.4 103.4

*Wake Forest is part of the Raleigh-Cary, NC MSA

Contact Us

Wake Forest Economic Development

301 S. Brooks Street

Wake Forest, NC 27587

919-435-9400

News & Blog Posts

Wake Forest among top 10 fastest growing cities in NC!

July 11, 2016

Wake Forest is one of the top 10 cities in NC with the largest population increases between 2010 and 2015.  The 10 cities with the largest population increases between 2010 and 2015 contain 25% of the state’s total population but make up half of the total population growth over the five-year period. 

Read Full Press Release