The cost of living index in Okatie, SC, shows that housing costs are 5% lower than the nationwide average, and utilities are 8% cheaper. Grocery prices, however, are nearly on par with the national average at 2% higher. Healthcare costs slightly underperform the national average, standing at 3% lower. Transportation expenses are 10% below the national average, making Okatie a potentially more affordable place for those aspects of living.
When comparing Okatie's overall cost of living to the national average of 100, the combined index lands at 94. This composite index suggests that living in Okatie, SC, is 6% more affordable than the national average. Job seekers may find that their savings on housing, utilities, and transportation can compensate for slightly higher grocery prices.
The cost of living index in Okatie, SC, provides valuable insights for those considering a move or a new job opportunity in the area. When compared to the nationwide average of 100, Okatie offers a more affordable living situation. The housing index stands at 95, which means housing costs are 5% lower than the national average. This presents a significant advantage for job seekers looking to reduce their living expenses while maintaining a decent standard of living.
Additionally, other cost categories in Okatie compare favorably to the national average. Groceries in Okatie have an index of 98, slightly below the average but still very reasonable. Utilities are at 92, meaning they are 8% cheaper than the national average. Transportation costs are also lower, with an index of 90, reflecting a 10% saving compared to the nationwide average. Healthcare, though slightly above average at 97, still shows a minimal increase of 3%. This overall trend indicates that Okatie is a cost-effective place to live.
