The cost of living index in Oxford, AL, is notably lower than the nationwide average, which stands at 100. The total cost of living index for Oxford is 89, reflecting a generally affordable living environment. This 11% decrease from the national average suggests that residents can expect to spend less on overall living expenses.
Specifically, Oxford residents benefit from lower housing costs, with an index of 84, compared to the national housing average. Additionally, although some categories like groceries and utilities are close to the national average, others such as healthcare and miscellaneous expenses are slightly below it. This balance makes Oxford an attractive option for job seekers looking for a more affordable lifestyle.
In Oxford, AL, the cost of living is relatively lower than the nationwide average. The city's housing index is at 84, which means housing costs are about 16% less than the national average. This lower housing cost can be an attractive factor for job seekers looking for more affordable living options.
Other living expenses in Oxford also show a favorable comparison. Groceries cost about 93% of the national average, utilities are slightly higher at 95%, and transportation costs about 92%. Healthcare costs are at 91%, and miscellaneous expenses are at 89%. These figures indicate that most day-to-day expenses in Oxford remain close to or just slightly above the national average, providing potential residents with a balanced cost of living.
