The cost of living in Oxford, MI stands at 94, slightly below the nationwide average of 100. This suggests that residents in Oxford may find their living expenses slightly lower than the national average. Specifically, housing costs in Oxford represent 90% of the nationwide index, while groceries are at 95%, and utilities are nearly on par at 98%. Transportation costs are slightly below average at 92%, healthcare costs match the national average at 100%, and miscellaneous expenses are at 93%. This data provides a clear overview of how each aspect of the cost of living in Oxford compares to the national standard.
Exploring the cost of living in Oxford, MI, reveals interesting insights when compared to the nationwide average, which is set at 100. Housing costs in Oxford stand at 90, suggesting that they are 10% below the national average. This lower housing expense may make it an attractive option for job seekers looking to balance affordability with quality of life.
In other areas, Oxford residents experience slightly lower grocery prices, with an index of 95, meaning they spend only 5% more on groceries compared to the national average. Transportation costs in Oxford are at 92, reflecting a minor increase of 8% above the average. Utilities, priced at 98, show a very small rise, at 2% above the national average. Healthcare costs mirror the national average, standing at 100, indicating no difference in expenses. Miscellaneous costs are also close to the average, with an index of 93, meaning they are 7% below the nationwide average. Overall, Oxford presents a cost of living that is quite competitive with the national average, offering potential savings in certain areas while remaining consistent in others.
