Motus is the definitive expert in anywhere workforce solutions. Its platform and proprietary software simplify the reimbursement and management of vehicle,
device, work and living costs through personalized calculations. Powered by an unmatched pool of data, refined over more than 80 years, and updated in real
time, Motus is the platform of choice for top Fortune 500 companies and organizations committed to workplace agility. Motus automotive data, captured and
analyzed across the world's largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an
individual can deduct for business vehicle expenses.
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LIVING COST STANDARDS
Family Size
Family size is yet another factor impacting cost of living. A single person only needs one car.
A family of two or more often requires a second vehicle. If there are increased fuel, insurance
and other related costs in the new location this will impact a couple or family more than a
single person. Family size also drives average apartment size needed for a rental and the
average size of a home an individual or family will buy. Families will spend more at the grocery
store and for other related consumables and are thus impacted more if these are higher in
the new location than single individuals. Lastly, many states with a state income tax will have
different tax tables for a single person than someone who is married and/or filing jointly.
Credits for children are also calculated differently depending on the state.
Cost of Living Calculations
Cost-of-living calculations are dynamic and complex. Family size impacts housing size,
transportation costs, taxes and goods/services expenditures. Being a homeowner or renter
means that certain items may or may not be included and income drives every component of
the results. Finding a fair and accurate cost-of-living calculation without including all these
inputs/drivers isn't possible.
COST-OF-LIVING DIFFERENTIALS: NOT A SIMPLE CALCULATION
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