The cost of living index in Mustang, OK, stands at 91, which is 1% below the nationwide average of 100. This slight decrease primarily reflects lower housing costs, which stand at 85, making it a more affordable option for potential residents. Overall, Mustang offers a balanced living experience with costs slightly under the national average, except for healthcare, which at 98, remains competitive.
Mustang, OK has a cost of living index that is lower than the nationwide average of 100. The overall cost of living in Mustang stands at 91, which means it is 9% cheaper than the average city in the nation. This reduction applies across various sectors, making Mustang an attractive option for many job seekers.
Housing costs in Mustang are 15% below the national average. The housing index for Mustang is 85, indicating that housing expenses here are notably more affordable. Groceries, another significant expense, show a slightly higher index at 95. While groceries in Mustang are 5% cheaper, they are still close to the national average. Utilities and transportation also cost less, with indices of 90 and 92 respectively. These costs are 10% and 8% below the average. Healthcare costs are slightly above the national average at 98, showing a minimal increase. Miscellaneous costs in Mustang stand at 88, which means these expenses are 12% cheaper than the nationwide average. This combination of lower costs in most categories makes Mustang an appealing place for those looking to reduce living expenses while maintaining a good quality of life.