One of the responsibilities of Commerce Lexington is participation in C2ER’s quarterly Cost of Living Index (COLI). We recently finished Q1 2009, which also happened to be my first experience with COLI as Research Director. It is quite a lot of work as 62 items have to be priced, most at multiple locations.
What I’ve Learned:
1. It truly does pay to shop around. Not only do prices for a variety of items vary from store to store, they also vary for the same store based on their location in Lexington. Next time you are trying to save a bit of money, do yourself a favor and call around ahead of time. This applies to everything from hamburgers to healthcare.
2. Apparently the title of