Whether you are considering a place to retire or looking for a new job out of state, there is much thought and planning that must go into the move. One of the most important things to consider is the cost of living increase, so that you can plan your finances as you move. “Simplify Your Home” recommends referring to Bankrate.com’s cost of living comparison calculator.
It’s a simple! Just enter the city you are moving from, the city you are moving to, and your current salary. After you hit the refresh button, you will see the equivalent income for the city you are moving to and the percent increase in income you will need to maintain your standard of living. It then shows a list of home costs, utilities, and products, as well as the cost difference between the two.
We hope you find this tool helpful. For more tips on moving & storage refer to our other blog posts.