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Cost of Living Differentials Guide

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COST-OF-LIVING DIFFERENTIALS Not a Simple Calculation Employees relocating to a higher cost location often ask: how much more expensive will it be exactly? They often expect a simple answer: 10%, 20% or 30% more expensive - for everyone - in the new location. Finding a free or inexpensive online calculators that try to answer this question is easy. But it's not that simple. An individual's family size, homeowner/renter status and income are all essential factors in the calculation. Any tool or data source that tries to provide a simple percentage difference between two locations - and doesn't ask for specifics regarding the individual - will provide significantly flawed results.

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