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Avoid Stressing Over Your Budget.
If you’re crunching the numbers, moving house can be an incredibly stressful process. It’s difficult to be prepared in a world that is so unpredictable; along with a volatile housing market.
With inflation on the rise, we could all use a little less wonder, and a lot more accurate, and reliable, knowledge.
This Cost of Living calculator will help with that. It’s simple, quick, and easy to use. It allows you to come away with concise and clear expectations. meaning you can create a plan for your life, well within budget.
Just because things are getting more expensive, it doesn’t mean that you’re not entitled to move house if that’s what you want to do. This calculator will help you do that, well within your budget.
But What is a Cost of Living Calculator?
Our cost of living calculator is made for people who prioritise budgeting. It allows you to input specific data, like household income and housing prices, and get results for places that accommodate those points, or places that at least come close to it.
As an example, if you wanted to relocate out of state with your current employer, you would need to determine if a change in salary was required. Or, if you planned to take an offer to relocate, you can match the salary you’ve been offered with the cost of living.
As you never know, you might be taking a pay cut without realising it. That’s just two situations for using this calculator.
What Does the Cost of Living Calculator Consider and Why?
- Income:
Naturally, in a cost of living calculator, income is an important consideration as it determines how much you can afford in terms of expenses and taxes.
- Expenses:
All of your living expenses. Bills, groceries, healthcare, insurance, childcare, etc. Everything you spend money on is considered a “cost of living”. These are all of the essentials you need to be able to live.
- Taxes:
Taxes are different for each state and city. Depending on where you live, income taxes could be less in a different city. However, property taxes may be higher.
These are the 3 basic categories the calculator considers. The calculator also breaks down the specifics of these 3 categories, so what you’re thinking about is more than likely covered.
What’s Important When Choosing to Relocate to a Different City?
The cost of living includes your income, expenses and taxes. In addition to those, to get the most out of the calculator, there’s factors to consider that will be unique to you and your family.
When considering a city jump, you want to ensure the new location offers any services you would require, such as:
- What memberships or clubs are you a part of?
- What services do you require on a weekly/monthly basis (ex: lawn care, groomers for pet care, lawyers or doctors, ect.).
- Where do you like to eat and shop?
- What utilities are available regarding your cell phone and internet connections?
While it does sound time consuming, it is a
But most importantly, what place in the U.S. will make you the most happy?
Is it money? Making friends? Indulging in hobbies? Happiness stems from all kinds of branches, and all of these factors funnel into that one specific question. What means the most to you?
You’ve worked hard to be able to have the freedom to relocate, and if the place you move too doesn’t help make you happier, what’s the point? So we ask again, where are you going to be happy?
This calculator will help you towards reaching for that newfound happiness. You have the ability to go wherever, whenever, and we’ll give you the data you want to see. Let us help you seize the moment so you can live your life of adventure.
No more financial surprises; only planning.