The cost of living index in Oxford, OH, stands at a notably lower level compared to the nationwide average, which is set at 100. Oxford’s overall cost of living index totals 87. This means residents can expect to spend about 13% less on living expenses compared to the national average.
Each category shows specific details that contribute to this overall index. Housing is 20% below the national average, groceries are 10% below, and utilities, transportation, healthcare, and miscellaneous costs are slightly below the national average. This data suggests that Oxford, OH, offers a relatively affordable living environment for job seekers and families alike.
Oxford, Ohio, offers a relatively affordable living experience compared to the nationwide average. Specifically, the cost of living index in Oxford stands at 86, which is 14% lower than the national average of 100. This reduction makes it an attractive place for those looking to manage living expenses without compromising on quality.
The housing index in Oxford is notably lower at 80, suggesting that renting or buying a home here costs 20% less than the national average. Groceries follow closely with an index of 90, indicating a 10% savings on food costs. Utilities, transportation, healthcare, and miscellaneous expenses also show similar trends, with indices of 95, 88, 92, and 85, respectively. These figures consistently reflect that living in Oxford can lead to significant savings across various daily expenses.
