The cost of living index in Oxford, NC, shows a varied picture compared to the nationwide average. Housing costs are notably lower, at 74, which is 26% below the average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses are close to the national average, ranging from 85% to 98%. This suggests that while housing is more affordable, other living expenses in Oxford remain comparable to the rest of the country.
The cost of living in Oxford, NC, presents a mix of affordability and moderate expenses compared to the nationwide average. For housing, the cost of living index stands at 74, which is 26% lower than the national average. This suggests that residents of Oxford can find housing at a significantly reduced rate compared to the average American city. Lower housing costs can be particularly attractive for job seekers who are looking to maximize their budget.
In other areas, Oxford's cost of living remains close to the national average. Groceries, for instance, have an index of 98, which is just 2% below the average. Utilities are slightly lower at 92, which is 8% below the national average. Transportation costs are at 85, which is 15% below the average. Healthcare costs are at 90, which is 10% below the average, and miscellaneous costs are at 87, which is 13% below the average. Overall, Oxford offers a balanced living experience with some areas of savings and others that align closely with the national average.
