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COST OF LIVING INDEX QUARTERLY UPDATE

(June 12, 2017) - Among the 265 urban areas that participated in the first quarter 2017 Cost of Living Index the after-tax cost for a professional/managerial standard of living ranged from more than twice the national average in New York (Manhattan) NY to more than 20 percent below the national average in McAllen, TX.   The Cost of Living Index is published quarterly by C2ER – The Council for Community and Economic Research

Dalton’s Cost of Living Index (COLI)

National Average for 264 Urban Areas = 100

 

Composite Index

Grocery Items

Housing

Utilities

Transportation

Health Care

Misc. Goods & Services

Dalton, GA

89.7

92.1

72.1

105.6

105.9

91.3

93.3

 

The Ten Most and Least Expensive Urban Areas

in the Cost of Living Index (COLI)

First Quarter 2017

National Average for 265 Urban Areas = 100

Most Expensive

 

Least Expensive

 
   

COL

   

   COL

Ranking

Urban Areas

Index

Ranking

Urban Areas

Index

1

New York (Manhattan) NY

230.8

1

McAllen TX

76.1

2

San Francisco CA

188.5

2

Kalamazoo MI

78.5

3

Honolulu HI

187.7

3

Harlingen TX

78.5

4

New York (Brooklyn) NY

180.9

4

Conway AR

79.1

5

Washington DC

153.3

5

Tupelo MS

80.7

6

Orange County CA

153.0

6

Richmond IN

80.9

7

Boston MA

148.6

7

Knoxville TN

81.9

8

Oakland CA

148.5

8

Hattiesburg MS

82.8

9

Los Angeles-Long Beach CA

146.3

9

Ashland OH

83.0

10

Seattle WA

145.1

10

Burlington IA

83.4

               

The Cost of Living Index measures regional differences in the cost of consumer goods and services, excluding taxes and non-consumer expenditures, for professional and managerial households in the top income quintile. It is based on more than 90,000 prices covering 60 different items for which prices are collected quarterly by chambers of commerce, economic development organizations, and university applied economic centers in each participating urban area. Small differences should not be interpreted as showing a measurable difference

The composite index is based on six component categories – housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services.

 

 
Dalton-Whitfield County Joint Development Authority – 100 S. Hamilton St – Dalton, Georgia 30720
phone 706-278-7373 – fax 706-226-8739 – email EDinfo@daltonchamber.org
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