Cost Living Calculator

Formatting only. This does not change the calculation.
Comparison mode: the income you have where you live now.
Comparison mode: an annual basic-needs budget or a cost-of-living index for the origin.
Comparison mode: the same measure for the destination, on the same scale.
Equivalent income at the destination
91,000.00
Living Wage Calculator
Cost ratio (destination / origin)
1.300000
Cost difference
30.0000 %
Worked out from Living Wage Calculator (Living Wage Institute / MIT), Methodology - basic needs are food, child care, health care, housing, transportation, internet and mobile, civic engagement and other necessities; taxes are added to the budget; full-time work is 40 hours a week for 52 weeks (2,080 hours) and the family budget is divided by the number of workers and 1 other source.

How this is worked out

3 steps
  1. Cost ratio = 52000 / 40000 = 1.3
  2. Equivalent income = 70000 x 1.3 = 91000
  3. Difference = (1.3 - 1) x 100 = 30%

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