Dalton-Whitfield County Joint Development Authority | 100 S. Hamilton St | Dalton, GA 30720 | P: 706-278-7373 | F: 706-226-8739 E: EDinfo@daltonchamber.org

COST OF LIVING INDEX QUARTERLY UPDATE

Jul. 6, 2018

Among the 263 urban areas that participated in the first quarter 2018 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 Harlingen, 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 263 Urban Areas = 100

 

Composite Index

Grocery Items

Housing

Utilities

Transportation

Health Care

Misc. Goods & Services

Dalton, GA

91.7

97.2

69.3

103.1

85.8

92.7

105.8

 

The Ten Most and Least Expensive Urban Areas

in the Cost of Living Index (COLI)

First Quarter 2018

National Average for 263 Urban Areas = 100

Most Expensive

 

Least Expensive

 
   

COL

   

   COL

Ranking

Urban Areas

Index

Ranking

Urban Areas

Index

1

New York (Manhattan) NY

245.4

1

Harlingen TX

76.3

2

San Francisco CA

195.7

2

McAllen TX

77.3

3

Honolulu HI

186.6

3

Memphis TN

80.6

4

New York (Brooklyn) NY

179.4

4

Kalamazoo MI

80.8

5

Washington DC

161.8

5

Conway AR

81.5

6

Seattle WA

153.0

6

Wichita Falls TX

81.7

7

Oakland CA

151.3

7

Joplin MO

81.8

8

New York (Queens) NY

149.6

8

Knoxville TN

82.0

9

Arlington VA

148.7

9

Hattiesburg MS

82.5

10

Orange County CA

148.5

10

Muskogee OK

82.5

               

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. 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.


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