The cost of living index in Cushing, OK, is notably lower than the nationwide average of 100. Specifically, Cushing's overall cost of living is approximately 90, reflecting savings across various categories. This makes Cushing an attractive option for those seeking more affordable living expenses.
For housing, Cushing scores 78 on the index, which is 22% below the national average. This lower housing cost can significantly reduce living expenses. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses are only slightly lower or comparable to the national average, enhancing the overall affordability.
Cushing, Oklahoma, exhibits a notably lower cost of living compared to the nationwide average. The city's cost of living index stands at 87, which is 13% below the national benchmark of 100. This indicates that residents can expect to spend less on their overall expenses. Specifically, housing costs in Cushing are 22% lower than the national average, making this category the most affordable. The housing index of 78 provides significant savings for those who choose to live in Cushing.
Further analysis reveals that while Cushing offers savings in housing, some categories align closely with the national average. For instance, transportation costs are only 3% below the average, with an index of 97. Utilities, too, are slightly below the national average at 5%, with an index of 95. Groceries and healthcare have indices of 94 and 87, respectively, indicating a minimal cost difference. Miscellaneous expenses stand at 90, reflecting a 10% savings compared to the national average. These insights help illustrate that while Cushing offers a generally lower cost of living, specific categories like groceries and healthcare remain close to the nationwide averages.