The cost of living index in Cushing, OK, stands at 89, which is 11% lower than the nationwide average of 100. This lower cost is mainly due to the housing and transportation sectors, both of which are significantly below the national average. While housing costs 20% less and transportation costs 15% less, other expenses like groceries and utilities are close to the average, making Cushing an attractive option for cost-conscious job seekers.
Cushing, OK, has a lower cost of living compared to the nationwide average of 100. Housing costs in Cushing are 20% lower, which means residents spend less on their homes than the national average. For example, if the average home costs $200,000, it would cost $160,000 in Cushing. This reduction can make it easier for people to find affordable housing.
In addition, groceries in Cushing are just 5% below the national average. This means that food costs are only slightly cheaper. Utilities, which include electricity and gas, are also 10% lower. Transportation costs in Cushing are 15% less, which can save money on things like fuel and public transit. Overall, these savings can help people manage their expenses better. Healthcare costs in Cushing match the national average, so medical expenses are in line with the rest of the country. Miscellaneous costs are 12% lower, adding to the overall affordability.