Oakwood, GA, offers a cost of living that is slightly below the nationwide average. Specifically, Oakwood's cost of living index stands at 93, which is 7% lower than the national average of 100. This reduction is seen across various categories, including housing, groceries, and utilities, making Oakwood an attractive option for budget-conscious individuals.
The cost of living for housing in Oakwood is 89, representing a slight 11% decrease from the average. Groceries are 95, and utilities are at 97, both showing minimal deviations from the national figures. Transportation costs are 92, a small 8% dip, while healthcare and miscellaneous expenses are at 90 and 94, respectively, remaining close to the national averages. Overall, job seekers will find Oakwood offers a balanced and affordable lifestyle.
Oakwood, GA, presents a favorable cost of living when compared to the nationwide average. The cost of living index for Oakwood stands at 93, which is just 3% below the national average of 100. This means residents of Oakwood generally spend less on their day-to-day expenses. Housing costs in Oakwood are 89, reflecting an 11% reduction from the average. This indicates that housing is notably more affordable here compared to many other areas.
When it comes to groceries, Oakwood’s index of 95 shows a 5% decrease from the national average. This suggests that shopping for food items is slightly less expensive in Oakwood than in the rest of the country. Utilities, with an index of 97, are just 3% below the average, making them almost on par with the nationwide prices. Transportation costs also align closely with the national average, coming in at 92, which is an 8% decrease. Healthcare costs in Oakwood are at 90, offering a 10% savings compared to the national norm. Lastly, miscellaneous expenses, with an index of 94, are 6% below the average. Overall, Oakwood offers a competitive cost of living that can be beneficial for budget-conscious job seekers.
