Cost of Living Calculator
Compare equivalent salaries between locations
See how salaries compare between different locations based on cost of living differences. Enter a salary amount and two locations to see the estimated equivalent.
Understanding Salary Calculations
๐งฎ How It Works
The calculator compares cost indices between locations to determine equivalent purchasing power. If one location costs 50% more than another, you'll need approximately 50% more income to maintain the same lifestyle. This accounts for housing, food, transportation, and all major expense categories.
๐ City vs Country Mode
Use city-level comparisons for more specific results โ costs can vary dramatically within the same country. Country-level comparisons work well for a broader overview or when exploring multiple locations.
๐ผ Estimation Only
These calculations are estimates based on our cost of living data. Actual salary equivalents depend on many factors we don't track, including taxes, benefits, and personal spending habits. This is for informational purposes only โ not financial advice.
What to Consider Beyond Salary
๐ฐ Taxes Matter
Our calculator shows cost of living differences, but taxes vary significantly between locations. Some countries have zero income tax, while others take 40-50% of income. Tax rates in both locations play a big role in actual take-home pay.
๐ฅ Benefits & Healthcare
Salary is only part of the picture. In countries with universal healthcare, insurance costs may be lower. Some employers offer housing allowances or other benefits. Vacation days, retirement contributions, and other perks also affect total compensation.
๐ Career Growth
Salary isn't everything โ major industry hubs tend to offer more networking, learning opportunities, and advancement potential. The full picture includes both compensation and long-term career trajectory.
Frequently Asked Questions
How does the salary calculator work?
The calculator compares cost of living indices between two locations to estimate what salary would provide equivalent purchasing power in the target location.
Does the calculator account for taxes?
No, the calculator compares cost of living differences only. Tax rates, benefits, and deductions vary by location and are not included in the calculation.
Can I compare cities instead of countries?
Yes, use the Location Type dropdown to switch between country-level and city-level comparisons for more specific results.
Are the salary estimates exact?
No, these are estimates based on cost of living data. Actual salary requirements depend on personal spending habits, taxes, benefits, and other factors not captured by this tool.