Oxford, OH, presents a cost of living slightly below the nationwide average, reflecting an overall index of 89. Housing costs, at 82, show the most significant decrease, while utilities, groceries, transportation, healthcare, and miscellaneous expenses hover closely around the national average. This balance indicates a generally affordable living environment for prospective residents and job seekers.
The cost of living in Oxford, OH, reveals intriguing patterns compared to the nationwide average, which is set at 100. Housing in Oxford stands at an index of 82, which suggests it costs 18% less than the national average. This makes finding affordable housing a significant advantage for those relocating to Oxford. People can potentially save more money by choosing to live here, as housing typically makes up a large part of the monthly budget.
In other areas, Oxford fares slightly differently. Groceries have an index of 92, meaning they are 2% cheaper than the nationwide average. Utilities in Oxford are priced at 95, which is 5% above the national average. This makes the cost of living in Oxford competitive but not exceedingly high. Transportation in Oxford stands at 88, which is 12% less than the national average. This provides additional savings for those who rely on personal vehicles. Healthcare, at an index of 85, and miscellaneous items at 90, both present opportunities for cost savings, making Oxford an attractive option for those seeking a more affordable lifestyle.
