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2014 Q1 Index: May 19, 2014
2014 Q2 Index: August 18, 2014
2014 Q3 Index: October 13, 2014
2014 Annual Report: January 2015

 

 

2014-Q3: July 17 - 19, 2014

 

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COLI Release Highlights, Quarter 3 2013

Among the 306 urban areas that have participated the third quarter 2013 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) to just over 19 percent below the national average in Norman, OK. 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 2013
National Average for 306 Urban Areas = 100
 
 Most Expensive  Least Expensive
Ranking Urban Areas COL Index Ranking Urban Areas COL Index
1 New York (Manhattan) NY 221.3 1 Norman OK 82.4
2 New York (Brooklyn) NY 175.6 2 Pueblo CO 82.5
3 Honolulu HI 167.5 3 Harlingen TX 83.4
4 San Francisco CA 159.9 4 Memphis TN 84.9
5 New York (Queens) NY 151.4 5 Youngstown-Warren OH 85.5
6 Hilo HI 149.1 6 Covington KY 85.7
7 San Jose CA 148.8 7 Tupelo MS 85.8
8 Stamford CT 143.3 8 Augusta-Aiken GA-SC 85.9
9 Washington DC 141.6 9 Birmingham AL 85.9
10 Orange County CA 140.7 10 Sherman-Denison TX 86.2

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 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 Dean Frutiger at dfrutiger@crec.net or Erol Yildirim at ey@crec.net or by phone at 703-522-4980.

 
 

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Highlights from Previous COLI Releases

2013 First Quarter Second Quarter Third Quarter
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