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Old 01-21-2007, 07:21 PM
Shanemex Shanemex is offline
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Join Date: Aug 2004
Posts: 379
Default Re: Link to cities cost of living rankings

So how do they define cost of living? Is it based on the cost of necessities relative to the average income, or is it just the total cost that is measured? Say it costs $50,000 a year for cost of living in one city, and the average income for that city is $75,000. Would the cost of living be higher or lower than a city with a cost of living of $49,000, but average income of only $60,000?
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