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Cost of Living

ACCRA Cost of Living Index

Piedmont Triad, NC:

  • Composite Index:89.2
  • Grocery Items: 100.6
  • Housing: 74.4
  • Utilities: 97.4
  • Transportation: 81.2
  • Health Care: 103.2
  • Misc. Goods and Services: 95.7

Note: The Composite U.S. Average = 100.0

The Index is based on items that have been carefully chosen to reflect the different categories of consumer expenditures. Weights assigned to relative costs are based on government survey data on expenditure patterns for professional and executive households. All items are priced in each place at a specified time and according to standardized specifications. Areas included in this survey are those where chambers of commerce or similar organizations have volunteered to participate. The number of places that responded this quarter was 304. Data is compiled and published by ACCRA each quarter.

Source: ACCRA Cost of Living Survey 2012 Quarter 3

For average prices and comparisons with other cities; please contact our office.

 


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