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In the News: Spokane's cost of living drops below average.



Spokane’s cost of living has dipped below the national average. Washington Trust Chief Economist Steve Scranton, CFA, provides his perspective on this recent development in the Journal of Business:

When companies are looking at potentially... establishing business in the city, or people are looking at moving to a city, there’s really three things that they normally look at on a regular basis: What’s the cost of living? What’s the affordability and availability of housing, and what’s the crime rate?
Steve Scranton, Chief Economist