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Old Posted Dec 9, 2011, 12:34 PM
RobertWalpole RobertWalpole is offline
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Most expensive urban areas in the US: Some surprises

http://blogs.wsj.com/metropolis/2011...WSJ_NY_NY_Blog

December 8, 2011, 1:07 PM ET.Manhattan, Brooklyn and Queens Tops in Cost of Living.Search Metropolis1 .Article Comments Metropolis HOME
By Aaron Rutkoff



Manhattan and Brooklyn remain the areas with the country’s highest cost of living, and Queens ranks fifth, as Greater New York continues to top the Council for Community and Economic Research’s quarterly index.

In other changes that occurred earlier in the year, Long Island’s Suffolk County dropped out of the top 10 areas with the highest cost of living while Stamford, Conn., surged to seventh place.

New York’s two highest-cost boroughs edged up relative to the national average in the council’s ACCRA Cost of Living Index for the third quarter. The cost of living in Manhattan is now 124% higher than the national average, up from 108% a year ago; life in Brooklyn is 86% more expensive than average, compared to 81% last year.

Queens, by contrast, appears to be slightly less costly than it was a year ago: the borough is now 54% above the national average, down from 59% a year ago.

Brooklyn has ranked second to Manhattan’s perennial most-expensive living standard since 2009, when the council first began tracking separate statistics for the borough. “That when we found a Brooklyn volunteer,” said Dean Frutiger, project manager of the cost-of-living index. “We rely on volunteers to do data collection for us.”

To create the index, volunteers are dispatched to collect prices on some 60 items — from groceries to mortgage rates — on a specific day each quarter. That data is the analyzed to compare living expenses in more than 300 areas across the country.

While the ACCRA Cost of Living Index is a widely used metric, it is not without critics. Earlier this year the Journal looked at the work of two Columbia University economists who found, contrary to the index, food in New York City is actually cheaper than in other parts of the country:
     
     
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Old Posted Dec 9, 2011, 12:58 PM
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What? Truckee-Nevada Co. is not by any stretch of the imagination urban. So I'm wondering what city was purposely left off the graph?
     
     
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Old Posted Dec 9, 2011, 3:30 PM
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and why is NYC listed three times?
     
     
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Old Posted Dec 9, 2011, 3:40 PM
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^ Urban AREAS.

There are quite different costs of living throughout the vast NYC metro -- and within in the city itself, as evidenced in the list above. The differences between the boroughs of Manhattan and Brooklyn and Queens are major -- and it would not have been an accurate representation of the cost of living in NYC to average the entire area together.
     
     
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Old Posted Dec 9, 2011, 4:26 PM
Buckeye Native 001 Buckeye Native 001 is online now
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Orange County isn't urban.
     
     
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Old Posted Dec 9, 2011, 5:02 PM
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Quote:
Originally Posted by RobertWalpole View Post
While the ACCRA Cost of Living Index is a widely used metric, it is not without critics. Earlier this year the Journal looked at the work of two Columbia University economists who found, contrary to the index, food in New York City is actually cheaper than in other parts of the country:
Yeah, in all my travels around the country, nowhere is more expensive than Hawaii as far as everyday items. Its ridiculous.
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Old Posted Dec 9, 2011, 6:40 PM
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Is that the City & County of Honolulu?
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Old Posted Dec 9, 2011, 11:01 PM
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^ Urban AREAS.

There are quite different costs of living throughout the vast NYC metro -- and within in the city itself, as evidenced in the list above. The differences between the boroughs of Manhattan and Brooklyn and Queens are major -- and it would not have been an accurate representation of the cost of living in NYC to average the entire area together.
there's also huge differences between areas of DC, san jose, stamford, etc. and as others have said, some of those "urban areas" arent even urban.

another lame list
     
     
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Old Posted Dec 9, 2011, 11:09 PM
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there's also huge differences between areas of DC, san jose, stamford, etc. and as others have said, some of those "urban areas" arent even urban.

another lame list
Of course. Though you wouldn't see other parts of those cities making the list of most expensive areas. New York is really the only place we have that can viewed with its separate boroughs as cities unto themselves. I think that is what they were going for -- though I do agree that it is yet another lame list.
     
     
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Old Posted Dec 10, 2011, 1:13 AM
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I closed another thread covering same topic because we're inundated with city ranking threads and to be fair to the forumer who opened the first thread, i am closing this one as well.
     
     
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