Approximately 265 urban areas across the U.S. participated in the first quarter 2015 Cost of Living Index. The study measures regional differences in the cost of consumer goods and services, excluding taxes and non-consumer expenditures, for professional and managerial households in the top income quintile. It is based on more than 90,000 prices covering 60 different items for which prices are collected quarterly by chambers of commerce, economic development organizations, and university applied economic centers in each participating urban area.
Data indicated a wide range for cost of living from more than twice the national average in New York (Manhattan) NY to more than 20 percent below the national average in McAllen, TX. And Kern County’s cost of living was just 6% above the national average with an index score of 105.9.
Kern County’s index score: 106.1
Movie Ticket Comparison
Average cost for movie ticket in Kern County: $8.83
The Cost of Living Index is published quarterly by C2ER – The Council for Community and Economic Research. Click here to download full report: Cost of Living Index Report