The cost of living in Grove, OK, is slightly below the nationwide average. The overall cost of living index for Grove stands at 89, which is 11% lower than the national average of 100. This suggests that residents of Grove can expect to pay less for most essentials, making it a potentially more affordable place to live.
Specifically, Grove's housing index is 85, which is 15% below the national average. Groceries cost 10% less, with an index of 90. Utilities, transportation, healthcare, and miscellaneous costs also fall below the national average, though by smaller margins. This data indicates that while some expenses are lower, others remain close to the national average, offering a balanced view of living costs in Grove, OK.
The cost of living index in Grove, OK, reveals a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Grove stand at 85, indicating that residents spend 15% less on housing compared to the national average. This lower housing expense can be a significant advantage for those relocating to Grove, offering potential savings that can be redirected to other living expenses.
Grove also shows competitive costs in other areas. Groceries cost 90, which is 10% less than the national average. Utilities are slightly higher at 95, reflecting a 5% increase. Transportation costs are at 88, meaning residents pay 12% less than the national average. Healthcare costs are at 92, which is 8% less. Miscellaneous expenses are at 87, indicating a 13% reduction. Overall, these figures suggest that the cost of living in Grove, OK, is quite reasonable, offering savings in several key areas.