How to Compare Cost of Living Between Two Cities

If you’re thinking of moving somewhere, you cannot ignore differences in cost of living. A salary of $50,000 per year could mean luxury in a rural town but on the verge of poverty in a grand city with a housing shortage. Cost of living tells you how far each of your dollars will take you. But cost of living comparisons can be tough. You can try looking up statistics online, but they can be hard to find — and the ones you do find are usually out-of-date (at best) or wildly inaccurate (at worst). Plus, these days cost of living...

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