One of the most important determinations to make before moving to a new city or town is how much it will cost to live there. Oakland, the first of three cities in the San Francisco Bay Area, is an extremely expensive place to live. Despite that, people with an average income who own their own home are farther away from the income needed to live comfortably than residents of any other city on this list. However, if you're determined to enjoy the city's famous music scene every night, part of the reason why it's often no stranger to the fact that the lists of the best places to live in United States City fall far short of what it takes to live comfortably there, the study should make it clear that Many Americans city dwellers will probably have to cut back elsewhere in order to live in the big city.
A cost-of-living index allows you to directly compare what it costs to live in one area with another, helping you understand how far your money can go in each location. While income in El Paso is relatively low, the income needed to live comfortably is also among the lowest of the 50 largest cities in the country. Because the price of goods and services varies from city to city, calculating the cost of living will determine how affordable it is to live in a given area. Whether you use a cost-of-living index or a cost-of-living calculator, each one will help you feel more secure when deciding where to live.
The income needed to live comfortably in Las Vegas is below the average level of the 50 cities included here. That's why a new study by GOBankingRates establishes how much you need to earn to live comfortably in each of the 50 largest metropolises in the United States based on the cost of living per city. However, if you want to live in an expensive city like Flagstaff or Sedona, you'll pay much more for a home.
