COLI: Cost Of Living Index

Beginning with quarter four of 2007, C2ER has annually published an unweighted average of prices accumulated from the previous three quarters. This analysis uses average prices submitted for the first three quarters of 2023.  For further details on the annual average methodology, please visit coli.org.

Among the 276 urban areas that participated in the 2023 Cost of Living Index, the after-tax cost for a professional/managerial standard of living ranged from more than twice the national average in New York (Manhattan) NY to more than 20 percent below the national average in Decatur, IL.   The Cost of Living Index is published quarterly by C2ER – The Council for Community and Economic Research. KEDC is proud to participate in this survey.

A snapshot of the ten most and least expensive urban areas in the Cost of Living Index for 2023. The image shows New York, Manhattan, Honolulu, San Jose, San Francisco, and Brooklyn as the top 5 most expensive.