- LATEST COST OF LIVING INDEX RELEASED -

In the 3rd Quarter of 2001, Springfield's cost of living decreased by two and one-half points over the previous quarter, while other key Midwestern cities showed only a slight decrease or actually increased.  (St. Louis for instance, jumped nearly 1.5 points from the 2nd Qtr. 2001.)

The Cost of Living Index is compiled by ACCRA (American Chamber of Commerce Research Association) and measures the costs of various goods and services of a community against the national average of the exact same set of goods and services.  A truly average city's index would rate as 100.0 making Springfield consistently 6-10 points lower than the average.

For more information on cost of living visit:
· www.business4springfield.com/demographics/coli.htm ·
· www.costofliving.org ·