Cost of Living
COMPARATIVE
HOUSING COSTS
To provide a useful measurement of intercity cost of living difference,
the Youngstown/Warren Regional Chamber participates with 305 areas in
the American Chamber of Commerce Researchers Association (ACCRA) Cost
of Living Index. The Index, which measures differences in the cost of
consumer goods and services, excluding taxes and non-consumer
expenditures, is based on 60 items, for which prices are collected
quarterly by the Chamber of Commerce in each city. Differences of three
or fewer index points are not statistically significant. The following
selected city indexes are based on a U.S. average of 100.
ACCRA Cost of Living Index – published March
2005
Fourth Quarter Results – October
2004
| MSA |
TOTAL |
FOOD |
HOUSING |
UTILITIES |
TRANSP |
HEALTH |
MISC. GOODS/ SERVICES |
| Grand
Rapids, MI |
102.5 |
111.7 |
90.9 |
115.1 |
100.2 |
107.2 |
105.3
|
| Cleveland,
OH |
102.5 |
109.7 |
101.6 |
119.0 |
102.0 |
99.9 |
96.3 |
| Toledo, OH |
97.2 |
102.4 |
83.4 |
112.7 |
105.0 |
91.3 |
100.9
|
| South
Bend, IN |
97.2 |
85.1 |
100.2 |
102.6 |
94.3 |
98.7 |
98.3 |
| Syracuse,
NY |
97.0 |
101.0 |
83.0 |
120.8 |
107.1 |
93.4 |
98.2 |
| Peoria, IL |
96.6 |
93.5 |
93.4 |
104.0 |
113.5 |
88.0 |
95.0 |
| Buffalo,
NY |
96.5 |
96.1 |
84.5 |
129.7 |
103.8 |
98.4 |
95.0 |
| Layfayette,
IN |
94.0 |
93.9 |
82.5 |
113.1 |
95.4 |
101.0 |
96.9 |
| Pittsburgh,
PA |
93.2 |
100.1 |
81.5 |
93.7 |
112.8 |
93.9 |
95.1 |
| Dayton, OH |
92.5 |
92.8 |
77.9 |
92.0 |
97.6 |
90.5 |
103.4 |
| Akron, OH |
91.8 |
102.4 |
81.6 |
101.9 |
101.9 |
101.8 |
89.8 |
| Terra Houte, IN |
90.7 |
92.6 |
79.2 |
94.0 |
100.6 |
106.2 |
94.2 |
| Charleston,
WV |
90.5 |
89.5 |
80.0 |
101.1 |
95.5 |
95.8 |
94.7 |
| Youngstown/Warren,
OH |
90.4 |
93.1 |
81.1 |
113.7 |
92.7 |
83.2 |
90.7 |
| Springfield,
IL |
90.3 |
89.3 |
80.9 |
98.7 |
99.9 |
92.8 |
93.4 |
| Fort
Wayne, IN |
88.7 |
92.1 |
81.3 |
101.4 |
96.8 |
92.8 |
87.4 |
|
Comparative Housing Costs
|
YW CSA
|
U.S.
|
ACCRA Housing Cost Index
|
81.1%
|
100%
|
NAHB Housing Opportunity Index
|
87.7%
|
49.5%
|
NAHB Median Home Price
|
$90,000
|
$241,000
|
American Community Survey
Median Gross Rent
|
$487
|
$694
|
Median Home Value
|
$93,142
|
$151,366
|
The National Association of
Home Builders ranked the Youngstown/Warren area as one of the
most affordable places to live.
CNN/Money Magazine ranked Canfield, OH (Mahoning County) as one
of the most livable communities, based on quality of life, educational
system and crime rate.
|
