Cost Life Calculator

Display currencyFormatting only. This does not change the calculation.

What do you want to work out?

Housing (rent or mortgage) (per month)Monthly amount.

Utilities (per month)Monthly amount.

Food at home (per month)Monthly amount.

Food away from home (per month)Monthly amount.

Transportation (per month)Monthly amount.

Healthcare (per month)Monthly amount.

Insurance and pensions (per month)Monthly amount.

Childcare and education (per month)Monthly amount.

Debt payments (per month)Monthly amount.

Personal care and entertainment (per month)Monthly amount.

Everything else (per month)Monthly amount.

Monthly take-home income (per month)Household income after tax. Leave at 0 if you only want the expense total.

Current annual income (for a location comparison)

Amount to adjust by the index

Index where you are now (or in the base period)A cost-of-living index for your current location, or the CPI value for the base period. Take it from your own data source.

Index where you are going (or in the target period)The matching index for the destination or target period, on the same index base.

Total monthly living costs

6,200.00

Cost of Living Calculator

Total annual living costs

74,400.00

Left over each month

800.00

Savings rate

11.43 %

Spending as a share of take-home pay

88.57 %

Largest category

Housing (rent or mortgage)

Index ratio

1.000000

Cost difference

0.00 %

Worked out from U.S. Bureau of Labor Statistics, Consumer Expenditure Surveys - the household expenditure categories used for the budget lines and 2 other sources.

How this is worked out

3 steps

Monthly living costs = 1800 + 450 + 550 + 350 + 900 + 500 + 700 + 150 + 250 + 350 + 200 = 6200.
Annual living costs = 6200 x 12 = 74400.
Left over = 7000 - 6200 = 800 a month.

Where the money goestable

category	monthly	annual	sharePercent
Housing (rent or mortgage)	1,800	21,600	29.03
Utilities	450	5,400	7.26
Food at home	550	6,600	8.87
Food away from home	350	4,200	5.65
Transportation	900	10,800	14.52
Healthcare	500	6,000	8.06
Insurance and pensions	700	8,400	11.29
Childcare and education	150	1,800	2.42
Debt payments	250	3,000	4.03
Personal care and entertainment	350	4,200	5.65
Everything else	200	2,400	3.23

Results are general information, not financial, tax, legal, medical or engineering advice.