CREC Project News and Updates

Q3 of Cost of Living Index Report Shows Most- and Least-Expensive Places in U.S.

November 5, 2015

The Council for Community and Economic Research (C2ER) published its third quarter Cost of Living Index (COLI) report for 2015 in late October and shows that McAllen, Texas, is the least expensive metro in the U.S. during that period. New York City remains the most-expensive metro.

C2ER, COLI’s publisher, is one of three associations managed by the Center for Regional Economic Competitiveness. The quarterly data is based on more than 90,000 prices covering 60 different items. Each quarter, C2ER sends out lists of the top ten most and least expensive communities in the U.S. These findings are based on the data submitted to C2ER and are not meant to imply anything in the way of absolute values.

If you are interested in participating or would like 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 Jennie Allison at jallison@crec.net.

About C2ER:

Founded in 1961, the Council for Community and Economic Research (C2ER) is a membership organization that promotes excellence in community and economic research by working to improve data availability, enhance data quality, and foster learning about regional economic analytic methods.

C2ER accomplishes this mission by:

  • Conducting training, advocacy, and research
  • Delivering innovative products and services for researchers
  • Developing professional networks

C2ER’s 500+ members span a broad range of specialty skills and collectively touch all aspects of community and economic development in the U.S. and Canada. Learn more about the organization at www.C2ER.org, and find out more about the kinds of education that the organization provides for economic development research professionals by visiting https://www.c2er.org/events/training.asp

 

About This Project

Cost of Living Index
Start Date: Jan 2000 — End Date: Ongoing

The Cost of Living Index (COLI) is the most reliable source of city-to-city comparisons of key consumer costs available since 1968. Its data is recognized by the U.S. Census Bureau, U.S. Bureau of Labor Statistics, CNN Money, and the President’s Council of Economic Advisors. The Council for Community and Economic Research (C2ER) collects and compares COLI […]

About the Client

Council for Community and Economic Research

The Council for Community and Economic Research (C2ER) promotes excellence in community and economic research by improving data quality and availability by fostering learning about regional economic analytic methods.