Most & Least Expensive:

Following is the data sourced from ACCRA Cost of Living Index, formerly known as the American Chamber of Commerce Researchers Association. This Cost 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. Following is the press release version of cost of living index data for the second quarter of 2005.

ACCRA Cost of Living Index:

Among the 283 urban areas participating in the second quarter 2005 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 more than 20 percent below the national average in McAlester OK. The ACCRA Cost of Living Index is compiled and published quarterly by ACCRA � The Council for Community and Economic Research.

The Ten Most Expensive Urban Areas in the ACCRA Cost of Living Index (COLI)
Second Quarter 2005
National Average for 283 Urban Areas = 100
Ranking Urban Areas State Index
1 New York(Manhattan) New York(NY) 202.1
2 San Fransisco California(CA) 179.5
3 San Jose California(CA) 168.4
4 Honolulu Hawaii(HI) 157.8
5 Oakland California(CA) 153.0
6 San Diego California(CA) 152.1
7 Nassau County New York(NY) 152.0
8 New York (Queens) New York(NY) 149.4
9 Stamford Connecticut(CT) 145.6
10 Washington-Arlington-Alexandria DC - VA 141.4

The Ten Least Expensive Urban Areas in the ACCRA Cost of Living Index (COLI)
Second Quarter 2005
National Average for 283 Urban Areas = 100
Ranking Urban Areas State Index
1 McAlester Oklahoma(OK) 78.0
2 Conway Arkansas(AR) 83.1
3 Lancaster South Carolina(SC) 83.8
4 Pryor Creek Oklahoma(OK) 83.9
5 Jonesboro Arkansas(AR) 84.3
6 Kingsport Tennessee(TN) 85.2
7 Amarillo Texas(TX) 85.3
8 Douglas Georgia(GA) 85.3
9 Palestine-Anderson County Texas(TX) 85.3
10 Paris Texas(TX) 85.3

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 quarterly by chambers of commerce, economic development organizations or university applied economic centers in each participating urban area. Small differences should not be interpreted as showing a measurable difference.

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 $140 per year (print or PDF version) or $250 per year (electronic version). Send check, payable to ACCRA, P.O. Box 100127, Arlington VA 22210-0407, or subscribe on the Internet at www.coli.org.



Cost of Living Index - First Quarter 2005    Cost of Living Index - Fourth Qtr 2006