Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Compare Cost of Living in different places
Old 07-09-2009, 07:38 AM   #1
Thinks s/he gets paid by the post
Rustic23's Avatar
 
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 3,624
Compare Cost of Living in different places

Cost of living: Compare prices in two cities - CNNMoney.com

I came across this and thought it was a good place for those looking to move or change j&bs.
__________________

__________________
If it is after 5:00 when I post I reserve the right to disavow anything I posted.
Rustic23 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-09-2009, 07:53 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
freebird5825's Avatar
 
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,017
Neat site for a quick and dirty look-see. TY
I picked a few places at random, compared to Syracuse NY. Housing was consistently higher elsewhere. It makes me wonder if average property taxes and sales taxes are included in the calculator. Those are my biggest bogies where I'm at right now.
__________________

__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
freebird5825 is offline   Reply With Quote
Old 07-09-2009, 07:53 AM   #3
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,890
Great! My cost of living here is 18% higher than it will be in my planned ER location in southern Missouri.

My groceries will be 7% less. Housing will be 20% less (but after going to open houses, IMO the savings may be much more than that at the moment). Utilities will be 26% less, transportation will be 8% less, and healthcare will be 10% less. Well, OK, if they say so... They didn't mention insurance but I suspect it will be much less as well.

On the other hand, taxes may be higher.

It's fun to have a calculator like this verify what I have concluded from my research up to now.

Edited to add: #$)%&*!!! It says that even moving back to Baton Rouge would lower my cost of living 18%. Grrr. That is only 50 minutes away. Groceries here cost 13% more than in Baton Rouge. Can you say, "Scalping unscrupulous grocery chains"? Grrr.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 07-09-2009, 10:38 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,385
If I move from Seattle to Ft.Worth, here's what happens:

If you move from Seattle, WA to ....Ft. Worth, TX

Groceries will cost:
19% less


Housing will cost:
53% less


Utilities will cost:
28% more


Transportation will cost:
11% less


Healthcare will cost:
26% less

I knew it was different just from visiting down there, but yikes! I give thanks for Seattle City Light.
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 07-09-2009, 10:51 AM   #5
Thinks s/he gets paid by the post
DangerMouse's Avatar
 
Join Date: Jan 2007
Location: Silicon Valley
Posts: 1,812
This calculator is interesting though the numbers didn't work for me.

We moved earlier this year from San Diego to San Jose. The calculator tells me the following:

Rent - will increase by 20%. Actually our rent is the same as it was in SD. However, whereas in SD we lived in a 3 bed/2ba apt. we live in 3 bed/2ba apt. house with a 2 car garage in one of the better suburbs of SV. However, if we were to buy it would cost us significantly more than 20% between locations.

Utilities - are supposed to cost an extra 23%. In our apt. our electricity was never less than $85 a month and in winter months ran as high as $160. In our house our highest bill has been $85 and the lowest $58. Think the heating is more efficient in our current location. Water is running at about the same between the 2 locations, however here we do have a garden.

Groceries - 24% extra. I did notice I was spending more when we first got here, but that was because I was used to shopping at Trader Joe's and there is not one convenient to my current location. I was using Safeway, however I think they are really expensive compared to Lucky where I am now trying to do the majority of my shopping.

So for us even though our cost of living is supposed to have increased by 15%, I can't see it in the actual numbers. I think sometimes these things can differ based on your personal lifestyle.
__________________

I be a girl, he's a boy. Think I maybe FIRED since July 08. Mid 40s, no kidlets. Actually am totally clueless as to what is going on with DH.
DangerMouse is offline   Reply With Quote
Old 07-09-2009, 11:20 AM   #6
Moderator Emeritus
CuppaJoe's Avatar
 
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,866
If I move from Northern Calif to Fargo!, ND my income would go almost twice as far. All I have to say, is so what.

Groceries will cost: 21%less
Housing will cost: 71%less
Utilities will cost: 1%more
Transportation will cost: 16%less
Healthcare will cost: 17%less

They've gotta be wrong about the utilities, because I pay about $24/month for gas and electric; I turn on the heat occasionally during the winter but never cool the place beyond a couple of fans. Here, there is no need to seal up the windows tight. I can't imagine how transportation would cost less as I would need a car in Fargo.

Seriously, I must add that is possible to live in a expensive city for 35 years relatively cheaply and retire well before age 90. It is no contest where I would rather be here in retirement.
__________________
CuppaJoe is offline   Reply With Quote
Old 07-09-2009, 11:23 AM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,385
Quote:
Originally Posted by CuppaJoe View Post
If I move from Northern Calif to Fargo!, ND my income would go almost twice as far. All I have to say, is so what.

It is no contest where I would rather be here in retirement.
Are you certain of that? Exciting floods in Fargo.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 07-09-2009, 11:26 AM   #8
Moderator Emeritus
CuppaJoe's Avatar
 
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,866
Quote:
Originally Posted by haha View Post
Are you certain of that? Exciting floods in Fargo.

Ha
There was a threat of tsunami here a few years back but it's easy to get to higher ground.
__________________
CuppaJoe is offline   Reply With Quote
Old 07-09-2009, 11:32 AM   #9
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,890
Well, if I moved to SF (not that I would) then

Groceries will cost: 16% more
Housing will cost: 213% more
Utilities will cost: 14% less
Transportation will cost: 12% more
Healthcare will cost: 12% more

At most, my house here is worth $200K. But there is no way that I could afford to buy a similar (1970's, 1588 square foot 3/2 single family) house in SF for $426K. I think that would probably cost me $600K+ in that area. They must be including rental costs in the housing, or something.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 07-09-2009, 01:39 PM   #10
Moderator Emeritus
CuppaJoe's Avatar
 
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,866
Quote:
Originally Posted by Want2retire View Post
....
At most, my house here is worth $200K. But there is no way that I could afford to buy a similar (1970's, 1588 square foot 3/2 single family) house in SF for $426K. I think that would probably cost me $600K+ in that area. They must be including rental costs in the housing, or something.
Neither could I afford a $770,000+ fixer upper house in SF's Dogpatch* neighborhood.

Very early on, I decided I didnít want to own a home; that freed me up for other options. For many years I shared a two bedroom apt. with a roommate, there are serious downsides to doing that but it is an LBYM technique. My favorite megacorp offered me two jobs outside of the city. I turned them both down because 1) I didnít want to leave the city for places I didnít want to be at 5:00 p.m. (or midnight as it were because of overtime); and 2) I didnít want to be away from my new (and still current) SO. Had I chosen either job I might still be living in spectacular places; in fact one of the retirees on this board lives in one of those areas; it is an idyllic, spectacularly beautiful place to live, but truly not for me. Houses there are affordable but the other place megacorp offered would be too expensive for homeownership (which never was my dream anyway).

One nice thing about this forum is that it clarifies what is important to each of us and no one has to justify his choices.

------
*An up and coming old 'hood with safety issues and Niagara Falls level noise from the freeway.
__________________
CuppaJoe is offline   Reply With Quote
Old 07-09-2009, 02:26 PM   #11
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,890
Quote:
Originally Posted by CuppaJoe View Post
One nice thing about this forum is that it clarifies what is important to each of us and no one has to justify his choices.
Another nice thing about this forum is getting to know people like you who understand that! Thanks.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 07-14-2009, 10:10 AM   #12
Recycles dryer sheets
 
Join Date: Jun 2008
Posts: 94
Hmmm, and there is supposedly some good paying tech jobs in Durham:

If you move from Bergen-Passaic, NJ to Durham, NC....
Groceries will cost:
14%less


Housing will cost:
55%less


Utilities will cost:
18%less


Transportation will cost:
3%less


Healthcare will cost:
8%less
__________________
RDamien is offline   Reply With Quote
Old 07-14-2009, 01:12 PM   #13
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
Quote:
Originally Posted by RDamien View Post
Hmmm, and there is supposedly some good paying tech jobs in Durham:
The Research Triangle area also has a high concentration of jobs in education which are fairly recession-resistant.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 07-17-2009, 04:08 PM   #14
Full time employment: Posting here.
 
Join Date: Aug 2008
Location: Romney, WV
Posts: 729
Thanks for the link. We're moving from the Northern VA area to Romney, WV in about 2 years (closest comparable city to Romney in the calculator was Martinsburg, WV) and a $75K salary here is duplicated by about $55K there- housing being the biggest change by far. This tracks with what our own research shows and hopefully just one more indicator we're on the right track.
__________________

__________________
davemartin88 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Whole new meaning to cost of living Notmuchlonger Other topics 5 05-30-2008 10:27 PM
Cost of Living Increase -- 2.8% RonBoyd FIRE and Money 23 02-16-2008 10:35 AM
Cost of living Surprises Moemg Life after FIRE 28 04-05-2007 03:03 AM
Cost of living in Thailand. Sam FIRE and Money 1 10-26-2006 01:05 AM
Cost of Living Calculators Otis FIRE and Money 5 06-28-2005 08:42 PM

 

 
All times are GMT -6. The time now is 02:55 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.