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County Cost of Living Index

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COLI Release Highlights, Quarter 3 2014

Among the 264 urban areas that have participated the third quarter 2014 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 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.

The Ten Most and Least Expensive Urban Areas
in the Cost of Living Index (COLI)
Third Quarter 2014
National Average for 264 Urban Areas = 100
 
 Most Expensive  Least Expensive
Ranking Urban Areas COL Index Ranking Urban Areas COL Index
1 New York (Manhattan) NY 214.5 1 McAllen TX 81.5
2 Honolulu HI 171.2 2 Ashland OH 83.4
3 New York (Brooklyn) NY 168.6 3 Harlingen TX 83.5
4 San Francisco CA 165.5 4 Martinsville-Henry County VA 84.6
5 Hilo HI 156.4 5 Richmond IN 84.6
6 Truckee-Nevada County CA 151.7 6 Idaho Falls ID 84.6
7 Orange County CA 145.9 7 Cookeville TN 85.0
8 Stamford CT 145.9 8 San Marcos TX 85.6
9 Oakland CA 139.0 9 Hattiesburg MS 85.6
10 Washington-Arlington-Alexandria DC-VA 138.8 10 Pueblo CO 85.9

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 90,000 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 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 (Excel) version is available for $250 per year. Be sure and ask about our new County-Level Index covering over 3,000 counties across the U.S. Send check, payable to C2ER, P.O. Box 100127, Arlington VA 22210-0407, or subscribe on the Internet at www.coli.org/store.asp.

If you need additional information on the Cost of Living Index or other COLI-related products such as the COLI Web Calculator and the COLI Historical Index,  please contact Erol Yildirim at ey@crec.net or by phone at 703-522-4980.

 
 

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Highlights from Previous COLI Releases

2014 First Quarter Second Quarter Third Quarter
2013 First Quarter Second Quarter Third Quarter Annual Report
2012 First Quarter Second Quarter Third Quarter Annual Report
2011 First Quarter Second Quarter Third Quarter Annual Report
2010 First Quarter Second Quarter Third Quarter Annual Report
2009 First Quarter Second Quarter Third Quarter Annual Report
2008 First Quarter Second Quarter Third Quarter Annual Report
2007 First Quarter Second Quarter Third Quarter Annual Report
2006 First Quarter Second Quarter Third Quarter Fourth Quarter
2005 First Quarter Second Quarter Third Quarter Fourth Quarter