Newcastle, OK, has a cost of living index that is slightly lower than the nationwide average. The overall index stands at 89, which is 11% below the average of 100. This means that, on average, expenses in Newcastle are 11% cheaper than the national average.
Housing, utilities, and transportation in Newcastle are notably lower, with indices of 85, 95, and 85, respectively. Groceries, healthcare, and miscellaneous costs are also slightly below the national average, with indices of 90, 95, and 88. This makes Newcastle an attractive option for those looking to reduce their living expenses.
Newcastle, OK, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Newcastle stand at 85, indicating that residents can expect to pay 15% less than the national average. This reduction can be a significant advantage for those looking to settle in Newcastle, as it provides more affordability in one of the essential areas of living expenses.
Additionally, the cost of groceries in Newcastle is 90, which is 10% below the national average. This slight decrease can help families manage their food budgets more effectively. Utilities, another critical expense, are priced at 95 in Newcastle, only 5% above the national average. This minimal increase ensures that the cost of maintaining a home remains relatively low. Transportation costs in Newcastle are also 85, which is 15% less than the national average, offering savings for those who rely on personal vehicles. Healthcare costs are at 95, matching the national average, which means healthcare expenses are consistent with the rest of the country. Miscellaneous expenses, which include items like entertainment and personal care, are at 88, representing 12% below the average. Overall, Newcastle provides a cost of living that is attractive for those seeking a more affordable lifestyle without sacrificing essential services.