Poteau, OK, presents a cost of living index notably below the nationwide average, which is set at 100. The graph reveals that housing costs are 15% lower, with an index of 85, while groceries cost 10% less. These figures indicate that residents can expect to spend less on these essential expenses compared to the national average. In Poteau, utilities are almost at par with the national average, with a slight 5% decrease, while transportation costs are 20% lower. Healthcare costs mirror the nationwide average at 95, offering no change in expenses. Miscellaneous costs are also 12% below the national average, at 88. This data suggests Poteau offers a more affordable living environment in several key areas compared to the country's overall cost of living.
Poteau, Oklahoma, presents a cost of living index that is notably lower than the nationwide average, which is set at 100. This makes Poteau an attractive option for those looking to manage their expenses more efficiently. Specifically, the housing index in Poteau stands at 85, which means housing costs are 15% lower than the national average. This can be a significant advantage for individuals or families seeking to reduce their monthly housing expenses.
Furthermore, the grocery index in Poteau is slightly above average at 90, indicating a 10% increase in food costs compared to the national average. The utilities index, at 95, shows that residents spend just 5% more on utilities. Transportation costs in Poteau are 20% lower than the national average, with an index of 80. Healthcare costs also remain competitive with a 95 index, showing only a 5% increase. Finally, miscellaneous costs in Poteau are at 88, which is a 12% reduction from the national average. This overall trend of lower costs makes Poteau an appealing choice for those looking to live more affordably.