While we strive to provide a wide range of offers, our site does not include information about every product or service that may be available to you.

The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear. For example, some advertisers pay us to display ads, others pay us when you click on certain links posted on our site, others pay us when you apply for and receive a product, and others pay us when you submit your information to request a quote or other offer details. To support our work, we are paid for providing advertising services. Any opinions, analyses, reviews, or recommendations expressed in editorial content are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by the advertiser. Our advertisers do not direct our editorial content. Our reporters create honest, accurate, and objective content to help you make decisions. For more information, please see How we make money. All information is presented without any warranty or guarantee to you. And the advertised offers may be subject to additional terms and conditions of the advertiser. So, your actual offer terms from an advertiser may be different than the offer terms on this site. We strive to keep our information accurate and up-to-date, but some information may not be current. Many, but not all, of the offers and clickable hyperlinks (such as a “Next” button) that appear on this site are from companies that compensate us. This comparison calculator is not definitive or a guarantee since the calculator does not account for all costs or variables, such as state and local income, property, or school taxes or your spending habits. This cost of living calculator, which is powered by data from the Council for Community and Economic Research, allows you to compare some costs to live in one area against another. This will help you eliminate cities that may be too expensive, so you can find the perfect fit. Then, run a cost of living comparison by city for each area. This will give you an idea of monthly expenses in a new city before you make the move.ĭon’t have a specific destination in mind? No worries. Simply reference your current budget as a starting point and fill in the values using our calculator's data. You can also use the costs listed for everyday living expenses - like the city’s average rent or mortgage, or the price of a grocery item - to outline a budget for your new city. You can then compare that data to your salary to determine what you’d need to earn to maintain your current standard of living. The index refreshes that data quarterly so we can give you up-to-date cost of living by city information.

Our calculator uses COLI, a cost of living index that pulls data from real-life surveyors all over the country. How can I use MYMOVE’s cost of living calculator to plan my move? Doing a cost of living comparison between your current area and a prospective city ensures that you can maintain your current standard of living in the new location.ĬOLI, the cost of living index we use to power our calculator, surveys housing, food, health care, transportation, and utility costs to paint a picture of what future expenses would look like if you moved. The first step in determining if you should move to a new city is to make sure that you can afford to live there. What is ‘cost of living,’ and how is it measured? We source our data for the monthly averages from the Bureau of Labor Statistics. Learn more about COLI research methodology.Īdditionally, we calculate our MYMOVE cost of living grade from each city by comparing the COLI data set to an American’s average monthly expenses. The COLI collects data at the local level from independent researchers for over 60 goods and services. The C2ER has been publishing quarterly Cost of Living Index (COLI) reports since 1968. We sourced our core cost of living data from the Council for Community and Economic Research’s (C2ER) Cost of Living Index.

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