Altus, OK, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Altus stands at 87, which is 13% below the national average of 100. This makes Altus an attractive option for those seeking to reduce their living expenses without sacrificing quality of life.
Specifically, housing costs in Altus are 26% lower than the national average, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are all within 10% of the national average. This balanced distribution makes Altus a practical choice for budget-conscious individuals.
Altus, Oklahoma, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Altus stands at 85, which is 15% below the national average of 100. This lower cost of living is particularly noticeable in housing, where Altus's index is 74, representing a 26% reduction from the national average. This makes Altus an attractive option for those looking to save on housing expenses without sacrificing quality.
In other areas, Altus also provides savings compared to the national average. For instance, groceries cost 91 in Altus, which is 9% lower than the national average. Utilities are slightly above the national average at 97, but still represent a modest 3% increase. Transportation costs in Altus are 84, which is 16% below the national average. Healthcare costs are close to the national average at 95, showing only a 5% increase. Miscellaneous expenses in Altus are 88, which is 12% lower than the national average. Overall, Altus offers a cost-effective living environment with several areas below the national average.