The cost of living index in Newcastle, OK shows a mixed picture compared to the nationwide average of 100. Housing stands at 85, suggesting it is 15% below the national average. Despite this, most categories like Groceries (92), Utilities (97), and Healthcare (93) are close to or slightly above the average, indicating relatively stable expenses in these areas.
Overall, Newcastle provides more affordable housing, making it an attractive option for budget-conscious individuals. While some categories such as groceries and healthcare are near the national average, the lower housing costs could significantly benefit those looking to relocate or settle in Newcastle, OK.
The cost of living in Newcastle, OK, shows a mix of expenses when compared to the nationwide average, which is set at 100. Newcastle’s housing index stands at 85, meaning housing costs about 15% less than the national average. This lower housing expense can be an attractive feature for job seekers looking for affordable living options.
Moving on to other costs, Newcastle's grocery expenses are slightly above the national average, with an index of 92, indicating a 2% higher cost. Utilities in Newcastle are close to the national average, with an index of 97, which is 3% higher. When it comes to transportation, the cost index is 90, meaning it is about 10% cheaper than the national average. Healthcare costs in Newcastle are 93, which is only 7% above the national average. Miscellaneous expenses also mirror the national average, with an index of 88, showing a 12% reduction. Overall, Newcastle offers a blend of lower and slightly higher expenses compared to the nationwide average.