brewer12345 said:
DW and I are toying with a relocation and semi ER, likely 2 to 4 years in the future. I have drawn up what I believe to be a realistic budget, but since I don't actually live in the area and currently foot lots of work-related expenses, I don't truly know that I am right on the numbers. Any ideas on how to be more-or-less sure? I pumped DW's relatives for as much info as possible without completely tipping my hand (haven't made a decision and don't really want to spill the beans yet).
Short of taking a long weekend vacation to the place you're thinking of, here are a few suggestions:
Groceries - find out which grocery stores serve the city. Go to their webpages. Look at their weekly circulars, and compare to your city. Do the same for restaurants (non-chain). While not many local restaurants have webpages, a few do.
Utilities - you should be able to find unit rates on all utilities on the respective utilities' homepages
Taxes - while every locality varies, you should be able to get approximations by searching a few municipalities' homepages for real estate, sales, other taxes.
Insurance - Instant health insurance quotes are available on-line. Plug in a zip code in the area to get some quotes. You can probably get some approximate quotes for auto/homeowners/other insurance as well.
Events - places like ticketmaster should have a huge library on available tickets to a variety of events. Even though you may not buy from them, they should show you the face value of the ticket, which shouldn't vary by much between vendors.
Edumacation - most private schools list tuition on-line. Same for universities/colleges.
Health Care/Nursing Care Facilities - no idea on this one. Haven't shopped around for them, and I doubt assisted living facilities advertise their prices on their webpages
(but, you never know...)
Fuel - you should be able to find average fuel costs on-line for the target city.
Homes - fsbo (for sale by owner.com) should give you a good idea of real estate for the city).
You can ask people for general cost comparison, but unless they are VERY similar in their financial ways to your family, the data could be meaningless. Not only could they vary in quality ("I always buy name-brand, because it makes me feel superior"), but the budget items could be different as well (spending a lot of money on sporting/other events, versus watching events on tv and riding a bicycle through state parks). Because this will possibly impact the next 50 years of your family's life, it would be best if you could obtain actual prices on the actual items you'd be buying, rather than working with indexes that may or may not match your specific budgets.
Any other areas of your budget that are 'significant' (more than 5%)?