Springfield, Missouri

December 09, 2005

SPRINGFIELD UTILITY COSTS FAR BELOW NATIONAL AVERAGE

Recently released data shows Springfield's utility index in the third quarter of 2005 as the lowest in the United States.

The index is a component of a cost of living report released by ACCRA, a national research association that tracks approximately 300 urban areas across the U.S.  The utility analysis measures residential electric and gas rates and local telephone service costs.

Springfield's second and third quarter utility indexes were nearly 30% below the national average index of 100.  Below is a table showing ten of the lowest-cost utility locations across the country so far in 2005.

 

2005 QUARTERLY UTILITY INDEX

  1Q 2Q 3Q
Springfield, MO 73.8 73.0 72.0
San Antonio, TX 68.9 76.6 76.7
San Marcos, TX 78.6 81.1 79.7
Charlotte, NC 79.1 78.0 76.9
Champaign-Urbana, IL 77.4 77.0 86.2
Lubbock, TX 77.7 75.0 75.7
Morristown, TN 78.8 77.4 78.0
Bartlesville, OK 79.9 - 77.8
Lincoln County, OR 74.6 84.9 83.8
Plattsburgh, NY 84.7 81.1 75.7

Visit us at www.business4springfield.com for additional information regarding developments and data on the Springfield area.

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