Ponca City, OK, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Ponca City stands at 88. This means that living expenses in Ponca City are 12% below the national average, making it a more affordable option for many job seekers.
Specific categories also reflect this trend. Housing costs in Ponca City are 22% lower than the national average, while groceries and utilities are slightly below the average at 11% and 8% lower, respectively. This makes Ponca City an attractive location for those looking to balance quality of life with affordability.
Ponca City, Oklahoma, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Ponca City stands at 86, which is 14% below the average of 100. This lower index suggests that residents can expect to spend less on their overall living expenses compared to the national average. Housing, in particular, is 22% cheaper, with an index of 78, making it a significant factor in the overall lower cost of living.
In addition to housing, other categories also reflect lower costs. Groceries cost 11% less, with an index of 89, while utilities are only 8% below the national average at 92. Transportation costs are 15% lower, with an index of 85, and miscellaneous expenses are 10% less, at 90. Healthcare costs are slightly above average, with a modest index of 95. These figures indicate that Ponca City provides a more affordable living environment in several key areas, making it an attractive option for those seeking to reduce their living expenses.