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Here is the latest Cost of Living report from the Council for Community and Economic Research.

The following are the top 5 cities where the cost of living is the highest. The respective  unemployment rates for February and most current median income data were utilized in the analysis.

1. Providence, R.I.
(Providence-Fall River-
Warwick, R.I.-Mass., metro area)

Population: 1.6 million
Cost of Living Index: 122
Median Income: $54,064
February Unemployment Rate: 11.6%

2. Los Angeles, Calif.
(Los Angeles-
Long Beach-Santa Ana, Calif., metro area)

Population: 12.9 million
Cost of Living Index: 148
Median Income: $56,680
February Unemployment Rate: 10.2%

3. Riverside, Calif.
(
RiversideSan Bernardino-Ontario, Calif., metro area)

Population: 4.1 million
Cost of Living Index: 120
Median Income: $54,991
February Unemployment Rate: 12.2%

4. Tampa, Fla.
(
TampaSt. Petersburg-Clearwater, Fla., metro area)

Population: 2.7 million
Cost of Living Index: 96
Median Income: $45,243
February Unemployment Rate: 10.2%

5. Buffalo, N.Y.
(
Buffalo-Niagara Falls, N.Y., metro area)

Population: 1.1 million
Cost of Living Index: 96
Median Income: $44,747
February Unemployment Rate: 9.6%

Four of the five top cities have double digit unemployment as of February. March figures came in slightly higher and April is expected to be higher still. While the jobless rate expands wages remain relatively flat.

In addition, the top five states as of March with the most unemployment are:

NC – 10.8%

CA – 11.2%

SC – 11.4%

OR – 12.1%

MI – 12.6%

The complete list of unemployment rates by state: http://www.bls.gov/web/laumstrk.htm

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