Choctaw, OK, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Choctaw stands at 88, which is 12% below the national benchmark of 100. This lower index makes Choctaw an attractive option for those seeking more affordable living expenses.
Specifically, housing costs in Choctaw are 20% below the average, while groceries, utilities, and miscellaneous expenses are only slightly below the national average. Transportation and healthcare costs are also lower, at 15% and 6% below average, respectively. This combination of lower costs across various categories makes Choctaw a budget-friendly choice for residents.
Choctaw, Oklahoma, offers a cost of living that is notably lower than the nationwide average. The housing index in Choctaw stands at 80, which is 20% below the national average. This means that housing expenses in Choctaw are significantly more affordable, making it an attractive option for those looking to save on their living costs. Additionally, groceries in Choctaw are priced at 92, which is 8% below the national average. This slight increase suggests that while groceries are still cheaper, they are not as significantly discounted as housing.
Utilities in Choctaw also reflect a lower cost of living, with an index of 88, which is 12% below the national average. This indicates that the cost of essential services like electricity, gas, and water is lower than what most Americans pay. Transportation costs in Choctaw are at 85, which is 15% below the national average, offering savings for those who need to commute. Healthcare costs in Choctaw are slightly higher, with an index of 94, which is 4% above the national average. However, miscellaneous expenses, such as entertainment and personal care, are at 90, which is 10% below the national average. Overall, Choctaw provides a cost of living that is generally lower than the national average, making it a financially prudent choice for many.