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

Feb. 5, 2019

Among the 270 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 270 Urban Areas = 100

 

Composite Index

Grocery Items

Housing

Utilities

Transportation

Health Care

Misc. Goods & Services

Dalton, GA

89.9

94.0

68.9

101.1

88.8

94.5

102.9

 

The Ten Most and Least Expensive Urban Areas

in the Cost of Living Index (COLI)

Year-End Review of Three Quarters in 2018

National Average for 270 Urban Areas = 100

Most Expensive

 

Least Expensive

 
   

COL

   

   COL

Ranking

Urban Areas

Index

Ranking

Urban Areas

Index

1

New York (Manhattan) NY

248.5

1

Harlingen TX

75.8

2

San Francisco CA

196.3

2

McAllen TX

77.4

3

Honolulu HI

189.7

3

Richmond IN

79.6

4

New York (Brooklyn) NY

181.7

4

Kalamazoo MI

79.6

5

Washington DC

162.6

5

Memphis TN

80.6

6

Seattle WA

154.8

6

Knoxville TN

81.7

7

Oakland CA

154.5

7

Muskogee OK

81.8

8

Arlington VA

153.1

8

Conway AR

81.9

9

New York (Queens) NY

152.6

9

Joplin MO

82.3

10

Boston MA

150.0

10

Wichita Falls TX

82.3

               

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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