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August 7th, 2008 - None

Edmond's cost of living ranks below national average



The Edmond Economic Development Authority announced today its second-quarter cost of living is 11 percent lower than the national average, according to the American Chamber Of Commerce Researchers Association\'s Cost of Living Index by C2ER, the council for community and economic research.

ex, we can offer customized cost of living comparison data to assist companies in their decisions to locate here. This data has proved to be a valuable tool in our business recruitment efforts," Janet Yowell, executive director of the Edmond Economic Development Authority, in a statement.

The study measures relative price levels for consumer goods and services in participating areas. The average index would measure 100 for all participating areas.

Consumer spending categories include grocery items, housing, utilities, transportation, healthcare and miscellaneous goods and services.

Edmond ranked below average in all six areas:

 
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