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closeWednesday, Aug. 06, 2008
Tri-Cities boasts lowest cost of living in Pacific Northwest
Pratik Joshi, Herald staff writer
You probably know the Tri-Cities is a desirable place to live. Housing and power costs less and so does food.
That's been confirmed again by the latest ACCRA Cost of Living Index report for the second quarter of 2008.
The index, which tracks costs of living trends in more than 350 communities throughout the nation, gives the Tri-Cities a 89.9 composite rating, the lowest in the Pacific Northwest.
It doesn't say prices are going down in the area, but that prices in the Tri-Cities are relatively lower than they are in other communities, said Carl Adrian, president and chief executive officer of the Tri-City Development Council.
The index, compiled by the Council for Community and Economic Research, measures relative price levels for consumer goods and services.
In contrast, Spokane's index rating is 91.2 , Yakima's 99.0 and Seattle-Bellevue-Everett's 123.4
-- Pratik Joshi: 582-1541; pjoshi@tricityherald.com; Business Beat blog at www.tricityherald.com
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| Pratik Joshi covers technology, employment, transportation, economic development and industrial growth. He joined the Herald in December 2006. He likes to write stories that educate. And there's hardly a subject he's not interested in. Drop him a line at pjoshi@tricityherald.com. |
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