Community Corner
Stamford Has Seventh Highest Cost of Living in US
The ACCRA Cost of Living Index is based on the cost of basic necessities — housing, food, clothing, utilities, transportation, health care, etc.
has the seventh highest cost of living among U.S. cities, according to a recent report from the Council for Community and Economic Research.
The ACCRA Cost of Living Index is based on the cost of basic necessities — housing, food, clothing, utilities, transportation, health care, etc. — excluding taxes and non-consumer expenditures, averaged from the three previous quarters. Data for the study is collected three times a year by various chambers of commerce, economic development organizations and university-applied economic centers, in 314 participating urban areas.
The data for the current study represents average prices submitted for the first three quarters of 2011.
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New York City, Manhattan more specifically, once again came in #1 on the list — the cost of living there is about twice the national average — with Brooklyn and Queens following close behind. Meanwhile Harlingen, Texas, had the lowest cost of living — about 19 percent below the national average, according to a press release promoting the quarterly report
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Most Expensive
Least Expensive
Ranking
Urban Areas
Index
Ranking
Urban Areas
Index
1
New York (Manhattan) NY
218.8
1
Harlingen TX
81.0
2
New York (Brooklyn) NY
182.7
2
Pueblo CO
85.4
3
Honolulu HI
167.8
3
McAllen TX
85.4
4
San Francisco CA
162.7
4
Temple TX
85.6
5
New York (Queens) NY
153.9
5
Memphis TN
85.9
6
San Jose CA
150.3
6
Cookeville TN
86.0
7
Stamford CT
147.4
7
Richmond IN
86.3
8
Truckee-Nevada County CA
145.5
8
Waco TX
86.3
9
Washington DC
143.3
9
Ardmore OK
86.3
10
Orange County CA
142.7
10
Sherman-Denison TX
86.4
