Housing costs in Forest Hill?
A typical home costs
$227,500, which is 32.7% less expensive than the national average of
$338,100 and 23.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Forest Hill costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 3.0% more than the state average of
$1,280.
Can I afford Forest Hill?
To live comfortably in Forest Hill, Texas, a minimum annual income of
$43,560 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Forest Hill?
The cost of living in Forest Hill, TX is quite reasonable. According to BestPlaces, the overall index for this city is 79.81, which is much lower than the US average of 100. Housing prices are very affordable with a median list price of $173,000 and rental prices averaging around $1,300 per month. Utility costs are also low with an average electricity bill of $122 per month and water costing only $37 per month on average. Other costs such as dining out and grocery shopping are also quite reasonable with restaurant meals costing an average of $14 and a liter of milk costing just under two dollars. All in all, Forest Hill offers a great balance between affordability and quality of life.