The cost of living index in Altus, OK, shows that housing is 26% below the nationwide average, with an index of 74. The other categories, such as groceries, utilities, transportation, healthcare, and miscellaneous, hover around the national average, showing that Altus has a generally affordable cost of living.
Altus offers a lower housing cost, making it an attractive option for those looking to save on living expenses. Despite the lower housing index, other costs like groceries, utilities, transportation, healthcare, and miscellaneous expenses are close to the national average, ensuring balanced affordability.
Altus, OK, presents a cost of living that offers a compelling advantage for those considering a move. When compared to the nationwide average of 100, Altus' overall cost of living stands notably lower. Housing costs in Altus are particularly favorable, with an index of 74, which means housing expenses are 26% lower than the national average. This presents a significant saving opportunity for those seeking to own or rent a home.
Across other essential categories, Altus continues to offer savings while maintaining reasonable expenses. Groceries, for instance, have an index of 89, which indicates they are just 11% above the nationwide average. Utilities, with an index of 95, are only 5% higher than the average. Transportation costs are also quite competitive, sitting at 85, which is 15% below the national average. Healthcare costs are at 92, just 8% higher, and miscellaneous expenses, with an index of 88, are only 12% above the average. Together, these figures demonstrate that Altus provides a cost-effective lifestyle with most categories below or only slightly above the national averages.
