Carroll County ranks below national average in cost-of-living index


Carroll County's cost of living is below the national average, according to Carroll Area Development Corp. and the Council for Community and Economic Research.

The cost-of-living index annually measures the difference in expenses of consumer goods and services throughout the United States, according to a press release. The numbers are compared regionally and for the first quarter of 2017, Carroll County comes in at 95.4. The index average is 100.

Cost-of-living index data is recognized by the Census Bureau and is a reliable source of city-to-city comparison information. The Bureau of Labor Statistics, CNN Money and the President's Council of Economic Advisors also recognize the index.

The index consists of six categories: housing, utilities, grocery items, transportation, health care and services. The most expensive urban area was Manhattan, while the least expensive was McAllen, Texas.

To read the full report, visit www.coli.org.

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