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COLI Release Highlights, 2011 Annual ReviewThis report represents the fifth edition of a new format for the ACCRA Cost of Living Index. Beginning with the fourth quarter of 2007, C2ER publishes an unweighted average of data accumulated from the three pricing periods during the previous year. The data presented represents average prices submitted for the first three quarters of 2011. For further details on the annual average methodology, please click here. Among the 314 urban areas that have participated in the 2011 ACCRA 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 19 percent below the national average in Harlingen TX. The ACCRA Cost of Living Index is published quarterly by C2ER – The Council for Community and Economic Research.
The ACCRA 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 almost 60 different items for which prices are collected three times a year by chambers of commerce, economic development organizations or university applied economic centers in each participating urban area. Small differences in the index numbers should not be interpreted as significant. The composite index is based on six components – housing, utilities, grocery items, transportation, health care and miscellaneous goods and services. The quarterly ACCRA Cost of Living Index is available by subscription for $165 per year for the print version and $150 per year for the PDF. The electronic version is available for $250 per year. Be sure and ask about our new Expanded Excel version which covers more household and income types. Send check, payable to C2ER, P.O. Box 100127, Arlington VA 22210-0407, or subscribe on the Internet at www.coli.org. If you need additional information on the ACCRA Cost of Living Index or other COLI-related products such as the COLI Web Calculator and the COLI Historical Index, please contact Dean Frutiger at dfrutiger@crec.net or Erol Yildirim at ey@crec.net or by phone at 703-522-4980. Sign up for Free Press Releases Highlights from Previous COLI Releases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
