Tuesday, September 11, 2007
Cost of Living Comparison Calculator
There are a number of web sites that provide cost of living comparisons. Here is a link to one that I like. It not only compares the cost of living between your current city and your proposed city, but it also gives you a feel for how much more you can expect to pay. For example, San Francisco costs 155% more to live in than San Antonio, which means that it would take a $255,000 salary to equate to a $100,000 salary in purchasing power in San Antonio. However, similar jobs may only expect to receive about 37% more in salary if they make the move. That is not a good trade-off.
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