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ACCRA Cost of Living Index
Prepared by ACCRA

The ACCRA Cost of Living Index is compiled and published quarterly by ACCRA (www.accra.org) - The Council for Community and Economic Research.
 

ACCRA Cost of Living Index
The Ten Most and Least Expensive Urban Areas
First Quarter 2008

Metropolitan Area ACCRA Cost of Living Index
(Average for 311 Urban Areas = 100)
MOST EXPENSIVE  
New York (Manhattan) NY 218.8
San Francisco CA 173.6
Honolulu HI 165.3
New York (Queens) NY 155.7
San Jose CA 154.3
Orange County CA 153.7
Stamford CT 153.5
Nassau County NY 152.7
:Los Angeles-Long Beach CA 150.3
Oakland CA 150.1
LEAST EXPENSIVE  
Joplin MO 82.2
Pryor Creek OK 83.2
Palestine-Anderson County TX 83.5
Douglas GA 83.5
Harlingen TX 83.5
Lubbock TX 85.9
Dyersburg TN 86.0
Brownsville TX 86.0
Morristown TN 86.1
Mason City IA 86.2
Holland MI 97.0

In comparison, the composite index for the Holland area was 97.0, or 3%
below the nationwide average for the first quarter 2008.

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 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.

Michigan Metro Areas First Quarter 2008

Metro Area

Composite

Grocery

Housing

Utilities

Transpor-
tation

Health
Care

Misc.
Goods &
Services

Kalamazoo MI 95.2 97.5 90.3 94.0 99.0 95.0 97.8
Detroit MI 97.6 94.3 99.1 105.6 99.4 96.8 94.6
Holland MI 97.0 90.7 102.1 98.6 100.3 97.6 93.3
Grand Rapids MI 95.4 96.9 98.0 106.5 93.2 87.7 90.7

For additional information, contact the Holland Area Chamber of Commerce

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272 E. 8th Street ~ Holland, MI 49423
Phone: (616) 392-2389 ~ Fax: (616) 392-7379
Email: info@hollandchamber.org
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