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Key Indicators for Understanding Our Region

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Economy / Cost of Living

Pittsburgh's Composite Cost of Living Index for the 3rd Quarter of 2014 is the seventh-lowest among benchmark regions with a score of 98.8, below the benchmark average of 104.3.

Transportation costs in the Pittsburgh region are the highest among all benchmark regions. The transportation component is based on the price of one gallon of regular unleaded gasoline and the average price of auto maintenance.

Health care costs in the region are the fourth-lowest among benchmark regions above Baltimore, Indianapolis and Detroit. The health care component is based on the price of various doctor office visits and medications.

The Cost of Living Index measures relative price levels for consumer goods and services in participating areas. The average for all participating places, both metropolitan and nonmetropolitan, equals 100, and each participant's index is read as a percentage of the average for all places.

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Selected measure:

Data source(s):

The Council for Community and Economic Research (C2ER)

The Index reflects cost differentials for professional and executive households in the top income quintile. It is important to understand both the methodology and how this index differs from the U.S. government data on the cost of living.