Eau Claire 3rd Quarter Cost of Living Low Compared to State, Nation
Posted: November 9, 2018
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 the prices of standardized goods and services in six weighted categories – housing, utilities, grocery items, transportation, health care, and miscellaneous goods and services.
Eau Claire’s composite index of 94.4 is tied for the second lowest among participating Wisconsin urban areas. Eau Claire’s cost of housing remained the most affordable category relative to other cities, with a housing index of 75.9 that ranked the lowest of the six participating Wisconsin urban areas and represented a decline from 76.2 in Quarter Two. Eau Claire’s grocery cost index of 95.9 also ranks below the national average.
The full report is available upon request.