Altus, OK, offers a cost of living that is significantly lower than the nationwide average. The overall cost of living index in Altus stands at 83, which is 17% below the national average of 100. This makes Altus an attractive option for those seeking to reduce their living expenses while maintaining a reasonable quality of life.
Specifically, Altus excels in housing costs, which are 25% below the national average, making it easier for residents to find affordable housing. Additionally, groceries and utilities are also more affordable, with indices of 85 and 90, respectively. This combination of lower housing and utility costs provides a substantial financial advantage for job seekers relocating to Altus.
Altus, Oklahoma, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Altus stands at 81, which is 19% below the national average of 100. This lower index suggests that residents can expect to pay less for housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. For instance, housing costs in Altus are 25% lower than the national average, making it a more affordable option for those looking to settle in this area.
In Altus, specific categories also show significant savings. Groceries cost 15% less, while utilities are only 10% of the national average. Transportation costs are 20% lower, and healthcare expenses are just 5% above the national average. These savings can be particularly attractive to individuals and families seeking to reduce their living expenses without compromising on quality. Overall, Altus provides a cost-effective living environment compared to the national average.
