The President’s Pen is a weekly blog written by Jonathan Smith, New Vision’s President and CEO about local economic development projects and initiatives. It also covers economic trends, workforce issues, business climate policies, and manufacturing news.
Do you ever wonder how much more or less it costs to live in Seattle versus our Valley. How do our costs stack up against Missoula or Eugene. For answers to these questions plus a ton of "apples to apples" price data we rely on the ACCRA cost of living index. Maintained by the Council for Community and Economic Research, the ACCRA Index is the best source of city-to-city comparisons of key consumer costs.
The Council tracks key cost of living variables (housing, food, utilities, etc.) for over 250 metropolitan areas across the United States. Our office maintains the ACCRA data for Yakima County and we literally have to track down prices at grocery stores, doctors' offices, and other locations to ensure overall accuracy and reliability of the index.
As a result of maintaining the data points for our area we get comparative cost data for metro areas three times per year. Listed below is our current ACCRA data (3rd quarter, 2009) and how we compare to other cities within the Northwest (100 = national average). As you can see our costs of living are significantly lower than Portland and Seattle. We are also a little below the national average.
If you have questions about our cost of living versus other cities contact our office at email@example.com or 509-575-1140.
|32%||Misc Goods & Services||100.9||113.6||108.5||99.6||93.4|
|Average Home Price||$259,668||$422,964||$397,061||$247,969||$253,600|