Spencer, IA (KICD) -- A local corporation will be gathering information to create a Cost Of Living Index.

Beginning next week, the Iowa Lakes Corridor Development Corporation is going to undertake the project of going to local stores to gather data for the Cost Of Living Index.

Kathy Evert is President and CEO of the Iowa Lakes Corridor Development Corporation. She tells what the first step of the project is...



Evert says the information will be put together to create the Cost of Living Index, which will serve several purposes...



Once the COLI information is finished, Evert says anyone wanting to check it out can do one of two things...



The Cost of Living Index will be reconfigured quarterly, according to Evert. The first report will be ready to go in September.