Oakwood, GA, presents a cost of living index that is 89% of the nationwide average. This means that, overall, living expenses in Oakwood are slightly lower than the national average. Housing costs in Oakwood are 85% of the national average, making it a more affordable option for potential residents. Groceries, utilities, transportation, healthcare, and miscellaneous costs also hover around 87% to 95% of the national average, indicating a generally lower cost of living in Oakwood compared to the rest of the country.
Oakwood, GA, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Oakwood stand at 85, which means residents spend 15% less than the national average. This reduction can be a significant advantage for those looking to purchase or rent homes in the area.
In addition to housing, other expenses in Oakwood also reflect lower costs. For groceries, the index is 90, indicating a 10% savings compared to the national average. Utilities cost 95, which is 5% below the average. Transportation costs are at 88, meaning residents save 12% on this front. Healthcare costs are slightly higher at 92, but still represent a modest 8% increase. Miscellaneous expenses are at 87, showing a 13% reduction. Overall, Oakwood offers a cost of living that is 10% below the national average, making it an attractive option for those seeking affordability.
