The cost of living index in Grove, OK, stands at 85, which is 5% lower than the nationwide average of 100. This lower index suggests that residents of Grove can expect to spend less on their overall living expenses compared to the national average.
Grove's housing costs are notably lower, with an index of 75, which is 25% below the national average. This makes housing one of the most affordable aspects of living in Grove. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show a slight decrease or remain close to the national average, contributing to the overall lower cost of living.
The cost of living in Grove, OK, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Grove stand at 75, indicating that residents can expect to pay 25% less than the national average for housing. This lower housing index can be a significant advantage for those looking to settle in Grove, as it provides more affordability without compromising on living standards.
Grove also offers competitive prices in other areas. For instance, groceries cost 90, which is 10% less than the average. Utilities are priced at 85, meaning residents can save 15% on these expenses. Transportation costs are at 80, offering a 20% savings. Healthcare costs are slightly higher at 95, but this is only 5% above the national average. Miscellaneous expenses are at 88, which is 12% below the average. Overall, the cost of living in Grove provides a balanced mix of affordability and quality, making it an attractive option for many.