Oneonta, AL has a cost of living index of 90, which is 10% lower than the nationwide average of 100. This index includes various categories, such as housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. Lower costs in housing and utilities contribute significantly to Oneonta's overall lower cost of living.
The cost of living index in Oneonta, AL, provides a clear picture of how expenses in this area compare to the nationwide average. The nationwide average cost of living index is 100, and in Oneonta, the overall index stands at 90. This indicates that residents generally spend 10% less than the average American across various categories.
Breaking down the details, Oneonta shows particularly favorable housing costs, with an index of 85, which means housing expenses are 15% lower than the national average. Groceries are slightly cheaper as well, with an index of 95, reflecting only a 5% decrease from the average. Utilities in Oneonta cost 10% less, with an index of 90. Transportation costs are nearly on par, at 92, meaning they are just 2% lower than the average. Healthcare expenses are 12% below the national average, with an index of 88, while miscellaneous costs also sit at 90, representing a 10% reduction. This combination of lower costs makes Oneonta an attractive option for budget-conscious job seekers.