Chesterfield Business Resources

Cost of Living Index

The American Chamber of Commerce Researchers Association (ACCRA) developed the following measurement of living cost differences among communities throughout the nation. The index is structured so the national average is a rating of 100.00. The following is the index for the Richmond Virginia MSA.

 

ACCRA Cost of Living Index
Third Quarter 2007
  Richmond Virginia MSA
Composite (100%) 106.4

Grocery (13%) 94.9
Housing (28%) 113.1
Utilities (10%) 111.9
Transportation (10%) 105.4
Health Care (4%) 107.1
Misc. Goods & Services (35%) 103.9
100 = U.S. Average
Source: American Chamber of Commerce Researchers Association Cost of Living Index
 
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