Economist Recaps Impact of High Costs on California Middle Class


Kevin Klowden, managing director of the California Center at the Milken Institute, reviews with the CalChamber Board of Directors a variety of statistics on the cost of living in California. Costs in housing, utilities, transportation and health mean living in California cities like San Francisco, Los Angeles, San Diego and Sacramento is more costly than the U.S. average and Texas cities like Austin, Dallas, Houston and San Antonio, which rank below the national average.