May 2014 Cost of Living Index
The Cost of Living Index:
- Enables us to represent the value of living in our communities.
- Provides relocation data for potential new businesses and residents.
- Increases our web visibility by providing a dynamic search engine on our website.
The cost of Living Index data is:
- Comprehensive. Data is available for over 300 metropolitan statistical areas (MSAs)
- Categorical. Organized into 6 categories: food, housing, utilities, transportation, health care, and miscellaneous goods and services, as well as a composite index.
- Timely. Data is released only 2 to 3 months after its collection.
- Reliable. Methodology has been recognized by the U.S. Census Bureau, the Bureau of Labor Statistics, President's Council of Economic Advisors, Bankrate.com and the Brookings Institution.
Source: The Council for Community and Economic Research