The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place.This international cost of living calculator allows by city and by country comparison worldwide: 9294 cities and 197 countries around the globe. The cost of living is calculated based on prices for rent, food, transport, and other living expenses for each city.In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living ...Cost of living and purchasing power related to average income We ajusted the average cost of living inside the USA (based on 2020 and 2021) to an index of 100. All other countries are related to this index. Therefore with an index of e.g. 80, the usual expenses in another country are 20% less then inside the United States.2022 Cost of Living Calculator. Cost of Living scores and indexes are a way to compare the overall price of goods and services between different areas of the United States. The national average is 100, so when you look at a place's COL Index you can instantly see how much more or less you'll have to pay to live there.Cost Of Living Comparison. Costoffliving is among the largest databases of information about the living cost in different countries and cities across the world. Using this tool you can even compare living cost between two cities or two countries. And determine how much you 'll need to make to maintain your current standard of living.The cost of living is defined as the amount of money needed to sustain a certain standard of living by affording basic needs such as housing, food, healthcare, and more. The cost of living is often used to compare how expensive it is to live in one location compared to another and is also used as a big factor for people to determine where they ...Summary of cost of living in United States. Family of four estimated monthly costs: $4,804. Single person estimated monthly costs: $2,816. Cost of living in United States is more expensive than in 79% of countries in the World (15 out of 68) Change the currency: [". USD - $ (Dollar)