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Cost of Living Calculator

What salary in another city gives you the same standard of living, from the Bureau of Economic Analysis's 2024 price levels for 193 metro areas.

Prices in New York, NY are 14.8% higher than in Austin, TX, so $75,000 in Austin, TX buys what $86,086 buys in New York, NY.

The same living standard in New York, NY
$86,086
Prices overall
+14.8%
Housing costs
+23.4%

Price levels in the largest metro areas (US average = 100), 2024

Metro areaAll itemsHousing$75,000 there equals, in an average place
New York, NY112.6148.6$66,607
Los Angeles, CA113.6170.4$66,021
Chicago, IL103.6112.0$72,394
Dallas, TX103.1117.9$72,745
Houston, TX98.6104.5$76,065
Washington, DC108.9151.1$68,871
Philadelphia, PA102.6113.1$73,099
Atlanta, GA100.1111.0$74,925
Miami, FL114.2155.6$65,674
Phoenix, AZ103.3121.2$72,604
Boston, MA108.3148.4$69,252
Riverside, CA106.4129.3$70,489

How this calculator works

Regional price parities measure how much more or less the same goods and services cost in each metro area than the US average (100). The equivalent salary is your salary × (price level there ÷ price level here).

Housing drives most of the difference between places; goods prices vary much less.

What it assumes

  • Before tax: state and local income taxes differ too; the paycheck calculator shows take-home pay by state.
  • Averages for whole metro areas; neighborhoods vary.

Questions people ask

What is the most expensive metro area in the US?

Among metros with 250,000+ people: San Francisco, CA (115.6), Miami, FL (114.2), Los Angeles, CA (113.6), against a US average of 100 (BEA, 2024).

What is the cheapest metro area?

Shreveport, LA (84.8), McAllen, TX (85.9), Brownsville, TX (86.0).

How much do I need to earn to move to a more expensive city?

Multiply your salary by the new city's price level divided by your current one. The calculator does it for any pair of large metro areas.

What does a price level of 110 mean?

That the same basket of goods and services costs 10% more there than the US average.

Cost of living by metro area

Related calculators

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.

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