The cost of living index in Oxford, PA, shows a mixed picture compared to the nationwide average, which is set at 100. Housing costs in Oxford are 15% lower than the national average, making it a more affordable option for housing. However, groceries and miscellaneous costs are slightly higher, at 95% of the national average, indicating a balanced cost structure overall.
The cost of living in Oxford, PA, presents a mix of affordability and moderate expenses compared to the nationwide average. Housing, for instance, stands at an index of 85, which is 15% lower than the average. This suggests that residents may find housing more affordable, making it a potentially attractive option for those looking to save on living costs. Groceries in Oxford are priced at 95, which is only 5% below the average, indicating that food expenses remain relatively close to the national norm.
Utilities in Oxford are slightly below the average, with an index of 90, representing a 10% decrease. This means that residents can expect to pay less for essential services like electricity and water. Transportation costs align perfectly with the national average, with an index of 100, offering no significant advantage or disadvantage in this area. Healthcare costs also match the national average, providing peace of mind for those concerned about medical expenses. Overall, Oxford offers a balanced cost of living with some areas of savings, particularly in housing and utilities.