Oskaloosa, IA, boasts a cost of living index that is slightly below the nationwide average. The graph shows that the overall index for Oskaloosa stands at 90. This reflects that residents can expect to spend about 10% less on average compared to other parts of the country. Factors such as housing, utilities, and transportation contribute to this lower index, making Oskaloosa a potentially more affordable place to live.
The cost of living in Oskaloosa, IA, is notably lower than the nationwide average. With a cost of living index of 100 nationwide, Oskaloosa’s index sits at 92. This means that, on average, residents in Oskaloosa spend about 8% less on their overall living expenses compared to the national average. Housing costs, for example, are 15% lower, as the index for this category stands at 85.
Utilities in Oskaloosa also cost less, with an index of 95, indicating a 5% reduction from the average. Groceries and healthcare, while slightly higher, are still favorable, with indices of 92 and 98 respectively. This slight increase does not outweigh the overall savings, making Oskaloosa a more affordable place to live. The transportation index of 88 further supports this affordability, showing a 12% decrease from the national average. These factors combine to make Oskaloosa an attractive option for job seekers looking to reduce their living expenses.