The Council for Community and Economic Research released the annual average Cost of Living Index for 265 urban areas for the first quarter of 2015. Wichita’s overall Index value was almost 9 percent below the national average of 100. The most expensive urban area in which to live was New York (Manhattan), N.Y., with an Index value more than twice that of the national average. The least expensive urban area was McAllen, Texas, which was more than 22 percent below the national average.
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