How to Calculate the Cost of Living in Kansas City
December 29, 2011
Kansas City
When thinking a move to Kansas City, known as “the Heart of America”, you need to consider the cost of living. If you do not know the accurate cost of living, you will not be able to set up your budget and make bigger decisions about rent and mortgage. You may be able to move into a bigger home if you are moving from a location where the cost of living is high, or you may have to cut back if you are moving from a location where the cost of living was lower.
In order to calculate the cost of living, you need to know your annual income, the city you are moving to, and the city you are moving from. An online cost of living calculator will do the work for you. Try InflationData.com. Just select your current location, and the location you are moving to. Input your total current annual salary without commas or dollar signs.
When you select your chosen cities, the calculator will tell you what the difference is in the cost of living between the two cities. It will give you the salary you would need in the new location to keep the same quality of life, meaning the same size house, and same expenses. It may be lower, or it may be higher.
Use this salary as a basis for looking for a new job, or for calculating how much you can afford each month. Try to live within your means, with enough left over for savings.
When you have decided that you are ready to move, call your Kansas City mover, and start packing!
http://www.inflationdata.com/inflation/cost_of_living/cost_of_living_calculator.asp
(Photo attributed to flickr member @ timsamoff via the creative common license)
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