Cost of living calculator

One of the most critical factors you need to take into consideration before moving to a new city or town is the cost to live there. “Cost of living” is the amount of money you need to sustain a particular standard of living in a given city or town.Cost of living calculations is also used to compare the cost of maintaining a certain standard of living in different geographic areas.

Since the price of goods and services varies from one city to the next, calculating the cost of living will determine how affordable it is to live in a particular area. The expenses that factor into the cost of living can include housing affordability, transportation expenses, food prices and entertainment costs.