Mustang, OK, has a lower cost of living compared to the nationwide average. The overall cost of living index in Mustang is 89, which is 11% below the national average of 100. This makes Mustang an attractive location for those seeking more affordable living expenses.
Specifically, Mustang's housing costs are 18% below the national average, while groceries and utilities are slightly above the average. Transportation, healthcare, and miscellaneous costs also remain close to the national average, making Mustang a balanced choice for cost-conscious job seekers.
Mustang, OK, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Mustang stands at 88, which is 12% below the average of 100. This lower cost is particularly evident in housing, where the index is 82, representing an 18% reduction from the national average. Job seekers will find that housing expenses in Mustang are more affordable, making it easier to manage living costs.
In addition to housing, other areas such as groceries, utilities, and transportation also show a slight decrease compared to the national average. Groceries in Mustang have an index of 95, which is 5% below the average. Utilities are at 94, a 6% reduction, and transportation costs are at 90, which is 10% lower. These savings can help individuals allocate more of their budget to other important needs or savings goals. Healthcare and miscellaneous costs also reflect a lower cost of living, with indices of 88 and 85, respectively. These figures indicate that Mustang provides a more budget-friendly environment for those looking to relocate or start a new job.