Mustang, OK, has a cost of living index that is slightly below the nationwide average. The overall cost of living index for Mustang is 88, which is 12% lower than the national average of 100. This means that, on average, living expenses in Mustang are 12% cheaper than in the rest of the country.
Specifically, Mustang's housing index is 20% lower than the average, while groceries and utilities are only slightly below the national average. Transportation costs are 14% lower, healthcare costs are 9% lower, and miscellaneous expenses are 6% lower. This data suggests that job seekers may find Mustang to be a more affordable place to live compared to the national average.
Mustang, OK, presents a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Mustang stands at 80, indicating that housing costs are 20% lower than the national average. This makes Mustang an attractive option for those looking to save on housing expenses. Additionally, the transportation index, at 86, is 14% below the national average, suggesting that commuting and vehicle-related costs are also more affordable in Mustang.
The cost of groceries in Mustang, with an index of 92, is slightly above the national average, at 2% higher. This minor increase does not significantly impact the overall affordability of living in Mustang. Utilities, on the other hand, are nearly on par with the national average, with an index of 95, which is just 5% higher. Healthcare costs in Mustang, at an index of 91, are 9% lower than the national average, offering another area where residents can save. Overall, Mustang provides a cost-effective living environment with a favorable cost of living index.