The cost of living index in Newcastle, OK shows that residents can expect lower expenses in several areas compared to the nationwide average, which is set at 100. Housing costs are at 90, meaning they are 10% below the national average. Additionally, groceries and utilities are only slightly lower, at 95 and 98 respectively.
Utilities, transportation, and miscellaneous costs mirror the national average closely, with values at 98, 92, and 94. However, healthcare costs stand at 88, indicating a 12% reduction from the average. This data presents an attractive cost of living for job seekers looking to relocate to Newcastle, OK.
Newcastle, OK, boasts a cost of living index that aligns closely with the nationwide average, offering job seekers a balanced living experience. Housing costs in Newcastle are at 90, which is 10% below the national average. This means residents in Newcastle can expect to spend less on housing compared to the nationwide average, potentially providing savings that can be redirected to other essential expenses.
When comparing other costs, groceries in Newcastle are priced at 95, just 5% below the national average. Utilities are slightly higher at 98, meaning they are 2% above the average. Transportation costs follow closely at 92, which is 8% below the average, providing another area where residents may save. Healthcare expenses are at 88, which is 12% below the average, a significant saving for those considering relocation. Miscellaneous costs are at 94, just 6% below the average. Overall, Newcastle offers a cost of living that is generally competitive and, in some areas, more affordable than the national average.