Stamford has been ranked as the seventh most expensive place to live in the United States, according to a report by CBS Moneywatch. The Council for Community and Economic Research measured prices of common items in 307 urban areas across the country to create the list, the survey said. The study gave Stamford a cost of living index of 146.1 for 2012, the national average is 100.
The “market prices” that served as the data for the survey included the price of a half-gallon of milk, monthly rent, home prices, a gallon of gas, a haircut, and a bottle of wine.
Three of New York City’s boroughs – Manhattan, Brooklyn and Queens – were also in the top 10. Stamford was just ahead of Washington, D.C. Boston rounded out the top 10. A year ago, Stamford ranked #6 in the survey.
The Council for Community and Economic Research, headquartered in Arlington, VA, promotes excellence in community and economic research by working to improve data availability, enhance data quality, and foster learning about regional economic analytic methods.
The top 10 most expensive places, according to CBS Moneywatch:
1. Manhattan 2. Brooklyn 3. Honolulu 4. San Francisco 5. San Jose 6. Queens 7. Stamford 8. Washington, D.C. 9. Orange County, CA 10. Boston