COST OF LIVING INDEX – FIRST QUARTER 2019

Metro/Micro

100%
Composite Index
13.40%
Grocery Items
29.34%
Housing
8.94%
Utilities
9.22% Transportation 4.26%
Health Care
34.84%
Misc. Goods &Services
Harrisonburg VA Metro 95.8 96.0 92.1 100.9 84.3 104.3 99.4
Staunton-Waynesboro VA Metro 96.1 90.0 92.1 108.4 91.0 93.2 100.4
Lexington-Buena Vista-Rockbridge VA 93.4 86.2 85.9 102.1 86.3 98.9 101.5
Charlottesville VA Metro 100.0 102.9 105.4 97.8 68.8 102.1 102.8
Richmond VA Metro 93.0 88.1 85.2 96.4 83.9 109.0 101.1

Alexandria VA

142.6 115.5 223.5 97.3 103.2 92.4 113.0

LABOR MARKET DATA

*based on Emsi Q4 2019 Data Set

2019 Labor Force Breakdown

    Population
  Total Working Age Population 310,474
  Not in Labor Force (15+) 127,094
  Labor Force 183,380
  Employed 178,241
  Unexployed 5,139
  Under 15 60,003

370,507

Population (2019)

Population grew by 11,220 over the last 5 years and is projected to grow by 9,559 over the next 5 years.

165,286

Total Regional Employment

Jobs grew by 8,428 over the last 5 years and projected to grow by 8,626 over the next 5 years.

$47.9K

Avg. Earnings Per Job (2019)

Regional average earnings per job are $19.4K below the national average earnings of $67.3K per job.


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