The Council for Community and Economic Research, also known as C2ER, is an economic research group based in Arlington, Virginia. They have just published a cost-of-living index for 269 cities. IN their data, they compare the prices of more than sixty goods and services. These goods and services are put into six classifications: transportation, healthcare, housing, miscellaneous goods, utilities and grocery items.
Portland has been included in their results. The results for Portland are quite interesting. For example, it is enlightening to know that out of all 269 cities, Portland came in first place for having the highest priced cans of tuna. The average price for a bottle of wine is $13.75, which puts Portland in 5th place. Regarding transportation costs, Portland was ranked 62nd. The average price of a six pack of beer is $9.82, putting it in 31st place. When it comes to the cost healthcare services, Portland ranks in 55th place with an average of $107.61 per exam. The costs of veterinary services also ranks in 55th place with an average of $57.17 per exam. The city comes in 16th place for the highest cost of groceries.
Overall, the cost of living in Portland comes in 17th place. New York ranked as the most expensive, and San Francisco ranked as the second most expensive. Seattle ranked as the eighth most expensive. Out of all 269 cities, McAllen, Texas, was the least expensive.
When it comes to the most expensive utilities fees, Portland comes in 259th place. The average energy cost each month is $145.24, while the average costs of monthly phone bills is $19.33.
The places that Portland scores in these statistics appear rather disheartening. After all, being under 100th place, and especially under 50th place, on the lists of highest prices does not seem very promising to those who are living on lower incomes. However, there are some things to think about:
• The prices might seem higher, but they may not really be that much higher than a lot of other places.
• How much a product costs depends on the brand and type.
• The costs may seem higher, though there may also be more job opportunities and amenities to balance things out.
• People’s salaries might be higher.