Given the following cost of living information for urban areas in the US:
The Ten Most and Least Expensive Urban Areas in the Cost of Living Index (COLI) Third Quarter 2019 National Average for 268 Urban Areas = 100
Most Expensive
Ranking Urban Areas COL Index
1 Harlingen TX 254.7
2 McAllen TX 201.3
3 Kalamazoo MI 200.1
4 Muskogee OK 184.2
5 Pittsburg KS 164.0
6 Conway AR 160.2
7 Knoxville TN 159.4
8 Memphis TN 153.0
9 Statesboro-Bulloch County GA 151.1
10 Tupelo MS 150.6
Least Expensive
Ranking Urban Areas COL Index
1 New York (Manhattan) NY
2 Honolulu HI
3 San Francisco CA
4 New York (Brooklyn) NY
5 Washington DC
6 Oakland CA
7 Seattle WA
8 Arlington VA
9 Orange County CA
10 New York (Queens) NY
a) San Francisco, CA COLI is times the COLI of Harlingen, TX.
b) San Francisco, CA COLI is percent more than the COLI of Harlingen, TX.
c) Conway, AR COLI is percent less than the COLI of Honolulu, HI.
d) A person's salary is $52,000 in Memphis, TN. What would their salary have to be in Washington DC to maintain the same standard of living? Show how you get your answer.