The cost of living index in Duncan, OK, stands at 85, which is 5% lower than the nationwide average of 100. This indicates that overall expenses in Duncan are slightly more affordable compared to the national average. Each category, such as housing, groceries, and utilities, also shows varying degrees of cost savings or similarity. For example, housing costs 25% less, while groceries are only 10% cheaper. This distribution suggests a varied living cost landscape in Duncan.
Duncan, Oklahoma, shows a cost of living index that is below the nationwide average, making it an attractive option for those seeking a more affordable lifestyle. Housing in Duncan is priced at 75 on the index, which means it costs 25% less than the national average. This lower housing cost is a significant advantage for residents and newcomers alike, potentially allowing for more disposable income or the ability to secure better housing conditions.
Other essential costs in Duncan also compare favorably to the national average. Groceries cost 90 on the index, indicating a 10% savings compared to the average. Utilities, which include electricity, gas, water, and other services, are at 95, showing a 5% savings. Transportation costs are at 85, which is 15% less than the nationwide average. Healthcare, crucial for everyone, is at 90 on the index, meaning it costs 10% less to maintain health services in Duncan. Miscellaneous costs, including items like clothing and entertainment, are at 80, representing a 20% savings. Together, these factors make Duncan a cost-effective place to live.
