An article at wallstreetcheatsheet.com tells us what we already knew – it’s very expensive to live here. Our metro area was ranked fourth most expensive in the nation. The top four are
- Honolulu, HI
- Poughkeepsie-Newburgh-Middletown, NY
- New York, Northern New Jersey, Long Island, NY-NJ-PA
- San Jose-Sunnyvale-Santa Clara, CA
The article goes on to say that our Consumer Price Index (CPI) has increased 2.4% in just the last 12 months, which not only reflects what we pay for stuff, but will also affect all sorts of municipal and other expenses that are CPI-based. The article singles out the high cost of goods and high rents in this area as major factors for our ranking.
But really, Poughkeepsie? We couldn’t beat Poughkeepsie?
Follow
RT @JimGriffith_SV: Jim’s Council Blog: San Jose-Sunnyvale-Santa Clara Ranked 4th Most Expensive Region To Live http://t.co/a0i6fAFiC4 #Sun…
Hey Jim. Can you share that news with the mayor and council in San Jose as they expect me to take another 16% (of gross total comp salary) pay cut?
Mike: I’ll get right on it.
Glenn Hendricks liked this on Facebook.