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Cost of Living Differentials Guide

Employees relocating to a higher cost location want to know how much more expensive it will be. Unfortunately, there's no simple answer. So what essential factors impact a cost-of-living calculation?

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Employees relocating to a higher cost location want to know how much more expensive it will be. Unfortunately, there's no simple answer. Free or inexpensive online calculators try, but can't provide accuracy without essential factors. So what are those essential factors and how do they impact the cost-of-living calculation?