I don't consider a radio (information source) a luxury but 3rd priority of survival equipment perhaps??
I believe it 's importance would be determined by the event. It would be important to have realtime info in the event of a wildfire or post EQ; concerning fires, announcements concerning water & food supply points established by local authorities; etc.
_________________________
QMC, USCG (Ret)
The best luck is what you make yourself!