In trying to attract business to the Town of Dennis, we need to know what it will take to be competitive. The following provides some comparison to the cost of living in Dennis to the cost of living in other cities around the country.
|Cost of Living Index|
|Denver CO||$ 54,387||105||99||104|
|Boston MA||$ 66,173||128||148||112|
|Springfield MA||$ 45,699||88||48||118|
|Amherst MA||$ 60,334||116||120||118|
|Harford CT||$ 49,394||95||66||117|
|Nyack NY||$ 84,828||164||231||123|
|Westport CT||$ 141,196||272||528||128|
|Skokie IL||$ 61,262||118||134||106|
|San Francisco CA||$ 97,094||187||296||122|
|Madison WI||$ 48,466||93||80||100|
The National Index is 100, this means that the town of Dennis is 45% more expensive than the National Average, while Springfield is 12% less costly.
The comparison was made using the Sperlings Best Places Web Site.
This site provides a number of other available comparisons that I will explore some of the other categories with these and other communities over time. For instance, while we have a higher cost of living than Denver, we have a larger percentage of our population with high school degrees, with some college education, and a higher average household income. However, this higher average income does not match the difference in cost of living.