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The cost of living index is based on the composite price of groceries, housing, utilities, transportation, health care, clothing and entertainment. Cost of living indexes will generally be higher in areas that offer access to beaches, culture, arts and recreation. In addition areas, that offer a wider variety of services such as health and education will run higher due to higher wages, and increased quality of living. Cost of living indexing explanation A figure of 100 points is used as an average both for the USA and Florida. For example: Boise Idaho is ranked at a 94.0 Boston Mass is rated … (1 comments)
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