Altus, Oklahoma, has a cost of living index that is notably below the nationwide average. The cost of living index for Altus stands at 87, which is 13% lower than the national average of 100. This lower index means that residents in Altus can expect to spend less on their overall living expenses compared to the average American. Specifically, Altus shines in housing affordability, with an index of 67, which is 33% less than the national average. While some other categories like groceries and healthcare hover close to or slightly above the average, the overall reduced cost of living makes Altus an attractive option for those looking to manage their expenses more effectively.
Altus, Oklahoma, presents a cost of living that varies from the nationwide average, offering job seekers a unique perspective on expenses. Housing costs in Altus stand at 67, which is 33% lower than the average of 100. This reduction makes housing more affordable for those considering a move to Altus. Similarly, the transportation index at 86 indicates that commuting costs are about 14% less than the national average, providing a potential savings on daily travel expenses.
Additionally, Altus shows competitive prices in other areas. Groceries cost 92, which is 8% less than the average, offering some relief on food expenses. Utilities are priced at 88, indicating they are 12% lower than the national average. Healthcare, at 95, remains close to the national average, with only a slight 5% increase. Lastly, miscellaneous expenses are at 90, showing a minimal 10% increase. Overall, Altus presents several areas where living costs are lower, making it an attractive option for many looking to save on living expenses.