Lower Than Other Major U.S. Metro Areas
The cost of living in Greater Philadelphia is lower than in most other major U.S. metro areas.
The cost of living index values compiled by the American Chamber of Commerce Research Association confirm that the cost of living is lower in the Greater Philadelphia region than in most of the other largest Metropolitan Statistical Areas.
| ACCRA Cost of Living Index Values for 2008q3 |
| Rank |
Geographic Area |
ACCRA
Index Value |
MSA Population Estimate |
| 1 |
New York-Northern New Jersey-Long Island, NY-NJ-PA
|
153.1 |
18,815,988 |
| 2 |
Los Angeles-Long Beach-Santa Ana, CA |
147.8 |
12,875,587 |
| 3 |
Chicago-Naperville-Joliet, IL-IN-WI (Chicago Division) |
115.3 |
9,524,673 |
| 4 |
Dallas-Fort Worth-Arlington, TX |
91.9 |
6,145,037 |
| 5 |
Philadelphia Region - (Philadelphia and Wilmington Divisions) |
122.3 |
6,093,716 |
| 6 |
Houston-Sugar Land-Baytown, TX |
90.9 |
5,628,101 |
| 7 |
Miami-Fort Lauderdale-Miami Beach, FL |
117.0 |
5,413,212 |
| 8 |
Washington-Arlington-Alexandria, DC-VA-MD-WV |
136.2 |
5,306,565 |
| 9 |
Atlanta-Sandy Springs-Marietta, GA |
97.5 |
5,278,904 |
| 10 |
Boston-Cambridge-Quincy, MA-NH (Boston-Quincy Division) |
132.3 |
4,482,857 |
Source: Council for Community and Economic Research, October 2008. ACCRA Cost of Living Index - Comparative Data for 302 Urban Areas- Data for the Third Quarter 2008.
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