Oakmont, PA, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Oakmont stands at 89, which is 11% below the national average of 100. This reduction is primarily driven by the housing index, which is 22% lower than the national average.
While some categories like groceries and healthcare slightly exceed the national average, the overall lower cost of living makes Oakmont an attractive option for professional job seekers looking to balance affordability with quality of life.
The cost of living in Oakmont, PA, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Oakmont are notably lower, with an index of 78. This means that housing expenses in Oakmont are 22% less than the national average. For job seekers, this could translate into more affordable living arrangements, allowing for a greater portion of their income to be allocated to other necessities or savings.
In other areas, Oakmont also shows competitive costs. Groceries, for example, have an index of 95, indicating that they are only 5% more expensive than the average. Utilities cost 90, which is 10% less than the national average. Transportation costs are slightly below average, at 87, meaning they are 13% cheaper. Healthcare, however, is slightly higher at 102, indicating a 2% increase. Miscellaneous costs stand at 93, which is 7% less than the national average. Overall, Oakmont offers a balanced cost of living that can be attractive to those looking for a more affordable lifestyle without sacrificing too many conveniences.