(FINDLAY, OH, May 7, 2010) –According to the first quarter 2010 American Chamber of Commerce Research Association (ACCRA) Cost of Living Index, the City of Findlay continues to be an affordable place to live.
The data showed that the 1st Quarter composite for Findlay Ohio has fallen 1.6 % to 93.6% from 95.2% in the 1st Quarter of 2009. In a national comparison, the City of Findlay’s composite index for grocery items was 100.1%, a 5.3% fall from 2009. Housing is at 77.3%; utilities 91.6%; transportation 101.3%; healthcare 92.7%; and 103.7% for miscellaneous goods and services – the only category to show a slight increase over last year’s figures.
The Index is based on the six preceding components. Prices covering almost 60 different items are collected quarterly by chambers of commerce, economic development organizations or university applied economic centers in each participating urban area.
Compiled and published quarterly by The Council for Community and Economic Research (C2ER), GreaterFindlayInc. was among the 311 urban areas participating in the Index which measures regional differences in the cost of consumer goods and services, excluding taxes and non-consumer expenditures, for mid-management lifestyles in participating areas.
The average for all participating places in each quarter equals 100 and each participant's index is read as a percentage of the average for all places. However, small differences should not be construed as significant—or even as indicating correctly which area is the more expensive.
For more information on the ACCRA (American Chamber of Commerce Research Association) Cost of Living Index, contact GreaterFindlayInc. at 419-422-3313 or e-mail email@example.com