Cost of Living
Compare how far your salary goes in different cities using cost of living indices.
Gross Salary
Cost of Living Index:
Cost of Living Index:
Results
Equivalent Salary in
(%) vs
COL:
COL:
Compare Cost of Living Between Cities
What the COL Index Is
The cost-of-living index compares basic goods and services (housing, food, transportation, healthcare) vs. the national average (100). Index 120 ≈ 20% more expensive.
If you earn $80,000 at COL 80 and move to COL 120, you need ~$120,000 to maintain similar purchasing power — before considering taxes.
Important Limitations
Does not include state taxes — combine with salary after tax. Indices are averages; your spending depends on housing, family, and lifestyle. Does not reflect local market salaries.
Ideal for evaluating offers in another city or planning a move. For detailed comparison with taxes, use job offer comparison or purchasing power.
Practical Three-Step Method
1) Adjust salary by COL between origin and destination. 2) Calculate after-tax net in both states. 3) Compare real rent or mortgage quotes — housing usually dominates your personal gap.
A “higher” salary in an expensive city can leave less monthly cash than a modest offer in an affordable low-tax area. Document both numbers before signing.
What Is the Cost of Living Index (COL)?
COL compares how much basic goods and services (housing, food, transportation, healthcare) cost in a city vs. the national average (100). An index of 120 means that city is roughly 20% more expensive.
How Salary Comparison Works
If you earn $80,000 in a city with COL 80 (cheaper) and consider moving to COL 120, you would need roughly $120,000 to maintain the same purchasing power. This calculator adjusts your salary between two locations using their COL indices.
Limitations
- Does not include state tax differences — combine with the tax calculator
- Indices are averages; your actual spending depends on housing, family, and lifestyle
- Does not account for local labor market salary differences
When to Use This Tool
Ideal for evaluating a job offer in another city, planning a relocation, or comparing whether a raise offsets a higher COL in a new state.
Frequently Asked Questions
Disclaimer: Results are estimates for educational purposes only and do not constitute tax, legal, or financial advice. Actual amounts may vary. Consult a qualified professional before making decisions.