Oakwood, GA has a cost of living index that reflects its affordability compared to the nationwide average. The graph shows that Oakwood's cost of living index stands at 92. This means that, on average, living in Oakwood is 2% less expensive than the national average, offering potential savings for residents.
Specifically, Oakwood scores lower in housing, with an index of 85, making it 15% cheaper than the nationwide average. Groceries, utilities, transportation, healthcare, and miscellaneous costs all remain close to the national average, varying between 90% and 100%. This makes Oakwood an attractive choice for those seeking a balanced, affordable living environment without sacrificing quality.
The cost of living in Oakwood, GA, reveals a generally lower expense level compared to the nationwide average, which is indexed at 100. Housing costs in Oakwood stand at 85, indicating that residents pay 15% less than the national average for housing. This reduction makes Oakwood a potentially attractive option for job seekers looking for more affordable living arrangements.
Additionally, the grocery prices in Oakwood are at 95, only 5% below the national average. Utilities, at 90, and transportation, at 95, also show slight decreases, offering modest savings in these categories. Healthcare costs match the national average at 100, ensuring comparable access to medical services. Miscellaneous expenses, at 92, reflect a minor 8% decrease from the national standard. Overall, Oakwood presents a cost of living that is slightly below the national average, providing potential savings across several key areas.
