Mustang, OK, has a cost of living index that is slightly below the nationwide average. The total index for Mustang is 89, which means living here costs about 11% less than the national average, where the index is 100. This lower cost makes Mustang an attractive location for those seeking more affordable living while still enjoying essential services and amenities at a reduced price.
The cost of living in Mustang, OK, stands at 89 on the index, which is slightly below the nationwide average of 100. This lower index suggests that overall expenses for living in Mustang are 11% less than the national average. For example, housing costs in Mustang are 15% lower, while groceries are just 5% below the national average. This makes Mustang a more affordable option for housing without sacrificing much in the way of food costs.
Mustang's lower cost of living can be attributed to its housing index of 85, which is 15% below the national average. Utilities are also 10% below the national average, while transportation costs are only 2% lower. Healthcare costs are slightly higher in Mustang, at 8% above the national average, but miscellaneous expenses are still 13% lower. This balance shows that while some costs are slightly higher, the overall affordability in Mustang makes it an attractive place for job seekers looking for lower living expenses.