The cost of living index in Okatie, SC, is notably lower than the nationwide average of 100. Specifically, Okatie's overall cost of living stands at 90, reflecting a 10% reduction compared to the national average. This lower cost is evident across various categories, including housing, groceries, and utilities, making it an attractive option for job seekers looking to maximize their purchasing power.
The cost of living in Okatie, SC, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Okatie stand at 90, which is 10% lower than the national average. This makes housing more affordable for residents and job seekers considering a move to the area. Additionally, the grocery index is at 92, indicating that groceries are 8% less expensive than the average cost across the country.
Utilities in Okatie are priced at 95, which is 5% higher than the national average. This slight increase suggests that while most expenses are lower, utility costs are marginally more expensive. The transportation index is at 85, meaning that transportation costs are 15% lower than the national average. This can be a significant saving for those who rely on personal vehicles. Healthcare costs in Okatie are at 88, which is 12% below the national average, offering potential savings for residents. Lastly, miscellaneous costs are at 91, which is 9% less than the average, providing additional savings in everyday expenses.