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Cost of Living Index: Q4 2020 Is Now Available
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Highlight: The Most Expensive and Least Expensive Cities to Rent an Apartment
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From the beginning of 2020, rates on apartment rentals have shifted a significant amount from previous quarters. With the ongoing pandemic more people are moving away from the cities to locations closer to family or places with a lower cost of living. This has led to change in apartment prices, especially in the major metropolitan areas. As a result of these factors, we are interested in comparing the cities with the most and least expensive rent for two-bedroom, 950 square foot equivalent apartments.
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Will the $600 Stimulus Cover Housing Costs?
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With the newly released Quarter 4, 2020 Cost of Living Index, C2ER researchers looked at what metro areas have rental and home mortgage payments where the $600 stimulus would cover one month of housing expenses. Geographically these cities are focused in the South and Midwest.
Amarillo, TX is the only city in the table below where 100% of the monthly mortgage payment is low enough to use stimulus money from one person. Combined with home prices, the monthly rate is calculated using a 30-year interest rate. Apartment rent falls below $600 in five U.S. cities according to the Quarter 4, 2020 report. Read the full post here.
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Organizational and Premium Members can find the current edition in the member area.
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C2ER/LMI Institute Monthly Series Webinar:
The Workforce Information Advisory Council (WIAC): Recommendations on Workforce and Labor Market Information
January 26, 2021
2:00 PM – 3:00 PM ET
More information
Pricing: C2ER, LMI Institute, and APDU Members: FREE
Non-Members: $50.00
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Foundations of Economic Development Research: Introduction to Data Sources eLearning
Ongoing
Any Place, Any time
More information
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Want to get updates on C2ER and LMI Events First? Follow us!
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C2ER/LMI Institute Member-Only Workshop:
Analyzing COVID-19’s Economic Impact on Your Region: Presented by Chmura
February 17, 2021
1:00 PM – 4:00 PM ET
More information
This Workshop is FREE to all C2ER and LMI Institute Members
Seating is limited to 40 attendees
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C2ER/LMI Institute Training:
Intermediate R Programming for Workforce and Economic Development Research
February 16, 18, 23, 25 and March 2, 4, 2021
4:00 PM – 6:00 PM ET
More information
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C2ER/LMII Annual Conference:
The Great Pivot: Reinvention for Recovery and Resilience
June 7 – 11, 2021
Registration is now open
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Have an open position that might be of interest to C2ER members? Let us post your job listing.
Send the position title, description, and any other relevant information to William Cook.
Jobs are typically posted within 1 business day and postings remain active for 45 days if no closing date is specified.
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Other Upcoming Industry Events
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Smart Growth America
America’s Equity Summit
January 26 – 28, 2021
11:00 AM – 1:00 PM ET
More information
Pricing: Free
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American Association of Community Colleges (AACC) Workforce Development Institute Virtual Meeting
Adjusting Through Adversity
January 27 – 28, 2021
More information
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National Association of State Workforce Agencies (NASWA)
2021 Winter Policy (Virtual) Forum
February 10 & 11, 2021
More information
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Coleridge Initiative National Convening:
Jobs Data for Evidence-Based Policy and Practice
March 3 – 4, 2021
11:00 AM – 4:30 PM ET
More information
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National League of Cities
(Virtual) Congressional City Conference
March 7 – 10, 2021
More information
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Census Bureau
Save the Date: 2021 Local Employment Dynamics Partnership Virtual Workshop
April 30, 2021
More information
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