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Dalton's Cost of Living Index: 2015 Annual Average

January 19, 2016 (Dalton, GA) -- Among the 273 urban areas that participated in the 2015 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)

2015 Annual Average Data

National Average for 273 Urban Areas = 100

 

Composite Index

Grocery Items

Housing

Utilities

Transportation

Health Care

Misc. Goods & Services

Dalton, GA

90.1

97.3

72.5

97.1

97.4

95.0

69.9

Five Most and Least Expensive Urban Areas

Year End Review 2015

National Average for 273 Urban Areas = 100

Most Expensive

Least Expensive

   

Ranking

Urban Areas

COL Index

Ranking

Urban Areas

COL Index

1

New York (Manhattan), NY

227.4

1

McAllen, TX

78.3

2

Honolulu, HI

188.2

2

Harlingen, TX

79.7

3

San Francisco, CA

176.4

3

Richmond, IN

81.2

4

New York (Brooklyn), NY

173.2

4

Norman, OK

81.5

5

Hilo, HI

149.0

5

Ashland, OH

82.3

6

Orange County CA

148.6

6

Youngstown-Warren OH

82.8

7

Oakland CA

147.0

7

Idaho Falls ID

83.2

8

Stamford CT

146.9

7

Hattiesburg MS

83.2

9

Washington-Arlington-Alexandria DC-VA

146.8

7

Jackson MS

83.2

10

San Diego CA

144.8

8

Tupelo MS

84.2

     

8

Cookeville TN

84.2

     

9

Memphis TN

84.5

     

10

Sherman-Denison TX

84.7

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 50,000 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.

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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