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

Nov. 9, 2018

Among the 268 urban areas that participated in the third 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 almost 25 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 268 Urban Areas = 100

 

Composite Index

Grocery Items

Housing

Utilities

Transportation

Health Care

Misc. Goods & Services

Dalton, GA

89.6

90.9

69.1

99.7

92.0

96.5

101.1

 

The Ten Most and Least Expensive Urban Areas

in the Cost of Living Index (COLI)

Third Quarter 2018

National Average for 268 Urban Areas = 100

Most Expensive

 

Least Expensive

 
   

COL

   

   COL

Ranking

Urban Areas

Index

Ranking

Urban Areas

Index

1

New York (Manhattan) NY

240.6

1

Harlingen TX

76.5

2

San Francisco CA

191.4

2

McAllen TX

76.9

3

Honolulu HI

188.9

3

Richmond IN

79.0

4

New York (Brooklyn) NY

177.3

4

Kalamazoo MI

79.4

5

Washington DC

161.0

5

Muskogee OK

79.7

6

Seattle WA

153.6

6

Memphis TN

81.3

7

Oakland CA

153.5

7

Pryor Creek OK

81.6

8

Arlington VA

152.3

8

Joplin MO

82.1

9

New York (Queens) NY

150.7

9

Martinsville-Henry County VA

82.4

10

Boston MA

150.4

10

Conway AR

82.6

               

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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