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Cost of Living Adjuster

See what your salary is really worth in a different city using federal price parity data.

$

To maintain the same standard of living, you would need to earn

$123,630in Austin, TX

-$26,370 (-17.6%)

Regional Price Parity Comparison

New York, NY122.3
Austin, TX100.8
National Average100.0

Your salary in New York, NY

$150,000

Salary needed in Austin, TX

$123,630

Based on Bureau of Economic Analysis Regional Price Parities. Data reflects metro-area averages for goods, services, and housing. Individual costs may vary based on lifestyle, neighborhood, and personal spending patterns.

Related

Estimates only. The numbers produced by this tool are for general information and do not constitute financial, legal, tax, or career advice. They may be inaccurate or out-of-date. Consult a qualified professional before making decisions based on these outputs.

Cost of living comparisons — FAQ

What are BEA Regional Price Parities (RPPs)?

RPPs are a U.S. Bureau of Economic Analysis index that measures the price level of goods and services in each metropolitan area relative to the national average (which equals 100). A metro with an RPP of 115 has a 15% higher cost of living than the national average; an RPP of 90 means costs are 10% lower. RPPs are released annually with about an 18-month lag and break out separately for goods, rents, and other services.

Why doesn't this tool just use a 'cost of living' index from one of the popular sites?

Crowdsourced cost-of-living indexes (Numbeo, etc.) rely on user submissions and have wide swings between updates and selection bias by city. The BEA RPP is the federal-government-published, methodologically consistent benchmark — same dataset that academic research and federal pay-locality decisions are based on. We use it because it's defensible.

How accurate is this for an eye care professional specifically?

RPPs cover the full consumption basket — housing, food, transportation, services. They don't model profession-specific costs like commercial real estate for an independent practice or state OD licensing fees. For a salaried clinical or sales role considering a relocation, the RPP-adjusted comparison is a strong first approximation. For a practice-ownership decision, layer in business-cost factors separately.