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Using Cost of Living Comparisons

A domestic or international cost of living comparison is a valuable tool for employees and employers during the hiring process. Cost of living comparisons allow you to compare salaries and living expenses in two or more cities.

Pricing and Costs of Cost of Living Comparisons

Business owners use cost of living comparisons for different reasons and with differing frequencies. The pricing and costs of cost of living comparisons really depend on the depth/breadth of information you need.

Cost of Living Comparison Key Terms

More than ever, today's thriving businesses are depending on cost of living comparisons to come up with salary figures that will attract the highest performers. Luring the top talent that will drive your company's profits and growth depends on your ability to offer worthwhile compensation packages.

Cost of Living Comparison - Best Places

In three simple steps we'll provide a cost of living comparison. Just tell ... The comparison includes food, housing, utilities, transportation and health cost of living ...

Cost of Living Calculator: Compare the Cost of Living in Two Cities ...

Compare the cost of living in two cities using the CNNMoney Cost of Living calculator. Determine if you ... Price difference in Chapel Hill, NC. Groceries2% less ...

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Cost of Living comparison calculator - Bankrate.com

Use this calculator to compare the cost of living between U.S. cities. ... Change the values below and refresh listing to view the comparison. City you are moving  ...

Cost Of Living Comparison - Numbeo

Using this tool you can compare cost of living and it's indicators (CPI, CPI Plus Rent, ... For comparisons on country level, please visit Cost of Living Comparison  ...

Cost of Living Wizard | Salary.com

Salary.com's cost-of-living calculator will compare living-cost indexes and salary differentials to help you make an informed comparison. Check out over 300+ ...

Cost of Living - Relocation Essentials

Are you interested in seeing how your standard of living compares to other locations? Check out our Cost of Living Tool and get the answers immediately.

PayScale - Cost of Living Calculator

Not only will we show you the cost of living difference, but we'll let you know how much you need to make in the new location to maintain your current standard of ...

Cost of Living Calculator & Comparison Index - AreaVibes

Use the cost of living calculator to see a side by side comparison of two cities. See the cost of living index and salary estimator.

Salaries, Costs of Living, & Relocation - US Department of State

Offers free cost of living statistics for U.S. cities that also allows comparisons. CNN Money - http://money.cnn.com/best/bpretire • Slick research tool to help you  ...

Guide to Cost of Living Comparisons


Consumers who are planning to relocate aren't the only ones who can benefit from understanding cost of living comparisons. Small business owners can also benefit from understanding cost of living variations in different regions, states, or countries.

Understanding cost of living comparisons is important for your small business for the following reasons:
  1. Optimize your business's bottom line by conducting online cost of living comparisons before extending employment offers to potential employees or offering relocation assistance.
  2. Understanding the cost of living index and a cost of living city comparison can help you determine if it's economically sensible to open an additional business location in a different geographic region.
  3. If you want to market a product in other geographic regions, you can determine pricing more effectively by comparing cost of living by cities. Understanding an international cost of living comparison and the international cost of living index helps if you're considering an international market for your products or services.

Use online cost of living calculators

When you want to compare cost of living in different states, online cost of living calculators can help streamline the process.

Utilize online information about the cost of living index and international cost of living index

To compare cost of living, international and national comparisons are sometimes helpful.

Understand currency comparisons

Currency comparisons are constantly changing, and they're part of cost of living comparisons. That's why it's helpful to use online currency comparison tools.

  • Try several online cost of living calculators since the results might vary depending on the calculator used.
  • Cost of living in certain areas is more closely connected to real estate value rather than the cost of items more relevant to businesses. Keep this in mind when performing either a domestic or international cost of living comparison.
  • The iPod index is based on the same economic principle, purchasing-power parity, as the Big Mac index.

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