The cost of living index in Altus, OK, shows a favorable comparison to the nationwide average, which is 100. Altus’s overall index stands at 86, making it 14% below the national average. This index combines various factors such as housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses.
Altus offers more affordable housing, priced at 75 compared to the national average of 100, a savings of 25%. Other areas like groceries, utilities, and healthcare also contribute to the lower overall cost of living, providing residents and job seekers with more disposable income.
Altus, Oklahoma, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Specifically, the housing index in Altus stands at 75, indicating that housing costs are 25% lower than the national average. This makes Altus an attractive option for those looking to save on housing expenses without sacrificing quality of life.
Beyond housing, other costs also compare favorably to the national average. The grocery index in Altus is 90, which means groceries cost 10% less than the average. Utilities are also slightly below the national average, with an index of 95, saving residents 5% on these expenses. Transportation costs are at 85, reflecting a 15% saving, while healthcare costs, indexed at 80, offer a 20% reduction. Lastly, miscellaneous expenses, with an index of 88, provide an 12% savings. Altogether, Altus offers a cost of living that is significantly lower, making it a smart choice for those seeking affordability.
