National Survey Reports Eau Claire's Low Cost of Living in 2016
Posted: January 27, 2017
EAU CLAIRE, WI – Eau Claire has an overall cost of living of 95.0 for 2016, according to the report released by the Council for Community and Economic Research (C2ER). Published since 1968, the Cost of Living Index has been the most consistent source of city-to-city cost comparisons available. The national average equals 100 and each participant’s index is a percentage of the average for all places.
Prices of consumer goods and services are collected by Eau Claire’s Economic Development Division three times a year in order to measure regional differences. The composite index is based on six components – housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services. Eau Claire’s composite index improved its relative position from 97.0 to 95.0 over the past year.
While everyday living expenses in Eau Claire fall well below the national average, they are also some of the lowest of the six Wisconsin metro areas participating in the survey. Among the individual categories, Eau Claire ranks particularly well nationally and compared to the other Wisconsin metro areas in the Housing, Utilities, and Grocery Items categories. See the Press Release for comparative data to other Wisconsin metro areas.
The full report is also available upon request.