The cost of living in Oxford, NC, is generally lower than the nationwide average. Housing costs 18% less, groceries are 4% cheaper, utilities are 7% less, transportation costs 10% less, healthcare is 5% less, and miscellaneous costs are 11% lower than the national average. This makes living in Oxford more affordable for many people.
Oxford, NC, offers a more budget-friendly lifestyle compared to the national average. With housing being 18% cheaper, grocery prices only 4% higher, utilities 7% cheaper, transportation 10% less expensive, healthcare 5% cheaper, and miscellaneous costs 11% lower, Oxford presents a great choice for those looking to reduce living expenses.
Oxford, NC, presents a favorable cost of living index for those considering relocation or employment in the area. Compared to the nationwide average, which is set at 100, the housing cost in Oxford stands at 82. This means that housing costs in Oxford are 18% lower than the national average. For job seekers, this translates into potentially more affordable housing options, which can be a significant advantage when planning a budget.
In addition to housing, other essential cost categories in Oxford also show differences when compared to the nationwide average. Groceries cost slightly less, at 96, which is 4% lower than average. Utilities are at 93, meaning they are 7% below the national average. Transportation costs are at 90, which is 10% lower. Healthcare costs are slightly lower at 95, representing a 5% reduction. Miscellaneous expenses are at 89, which is 11% lower than average. These various figures collectively indicate that Oxford offers a generally lower cost of living in multiple key areas compared to the nation as a whole.
