Cost of Living Calculator
Reality Check
CNNMoney.com recently developed a “cost of living calculator” that can act as a reality check for either yourself or a client moving across the country.
Let’s say your home seller is moving to another coast and needs to know what salary bump to ask for, this is a great tool. If your investment client is simply throwing darts at a map, this is a good way to help them narrow down their needs before they spend all your time verbally dreaming about a condo development.
Example: Austin to San Fran
Take for example if we moved from Austin to San Francisco- we would have to make considerably more to sustain ourselves and just housing alone is 244% more expensive than where we are now and groceries alone are 37% more. But if we moved to Wisconsin, our housing would cost less. It seems common sense to you, but sometimes people need a reality check, especially if they’re still in the dart throwing phase of relocation or investment.
Plus, the calculator is fun to play with and made us realize how lucky we are to live in such a techcentric, gorgeous place so inexpensively!
Start spreading the news...
This article published on Thursday, July 9th, 2009 at 10:51 am | Contact the editor
Topics: Real Estate
About this Columnist (Full Profile)
AGBeat Editor-in-Chief: Lani, named one of Real Estate’s 100 Most Influential, as well as 12 Most Influential Women in Real Estate, is a business writer hailing from the great state of Texas in the city of Austin. As a digital native, Lani is immersed not only in advanced technologies and new media, but is also a stats nerd often burried in piles of reports. Lani is a proven leader, thoughtful speaker, and vested partner at AGBeat.
Email Lani Rosales
The Daily Hot Sheet
The AGBeat Daily is jam packed with today's news headlines, fresh and neat in your inbox- start the day ahead of the curve.
Comments (18)
Trackback URL | Comments RSS Feed
Social Shares & Links Back
- Real Estate Feeds:
Cost of Living Calculator: Don\’t be stingy with your thoughts- stop by and comment!
Reality Check CNNMoney.com .. http://tinyurl.com/nytc2u - PopREblogs.com:
Cost of Living Calculator: Don\’t be stingy with your thoughts- stop by and comment!
Reality Check CNNMoney.com .. http://tinyurl.com/nytc2u - PopREblogs.com:
Cost of Living Calculator: Don\’t be stingy with your thoughts- stop by and comment!
Reality Check CNNMoney.com .. http://tinyurl.com/nytc2u - AgentGenius:
#agnow Lani,
For those of us who sell in the San Francisco Bay Area, NAR should create a special “RSS” designati… http://cli.gs/Lva7N
- AgentGenius:
#agnow This is really cool! Thank God for Austin’s cost of living, even if it’s inching up. Thanks Lani! http://cli.gs/q0PLM
- Tim McDonald:
Cost of Living Calculator-Reality Check from CNNMoney.com via @agentgenius http://bit.ly/IYy1b
- shannon spoon:
Cost of Living Calculator | Real Estate Opinion MAG – AgentGenius http://bit.ly/1a4eay
- AgentGenius:
#agnow @Lani – you truly are the queen of connections!
Thanks for this great tool – perfect for my business as I… http://cli.gs/nuHS5
- Jason Sandquist:
@laniAR to bad they don’t have an embeddable version you could use, but nonetheless very useful http://cli.gs/Q37TB
- AgentGenius:
#agnow @laniAR to bad they don’t have an embeddable version you could use, but nonetheless very useful http://cli.gs/dTU1n
- AgentGenius:
#agnow joe, thanks for such kind words!
jason, i was thinking the EXACT same thing! that would be a cool sideba… http://cli.gs/HqeH9
- Shawn E. Costley:
Cost of Living Calculator http://bit.ly/1a4eay
Benn Rosales
Conal Campbell
Elijah May
Lani Rosales
Tara Steele
Marti Trewe
Charlene Jimenez
Lani,
For those of us who sell in the San Francisco Bay Area, NAR should create a special “RSS” designation –> Realtor of Sticker Shock. There isn’t a day that goes by that I don’t hear about it, even with prices dropping the way they have. This cost of living calculator just quantifies what everyone already feels. Thanks for passing it along…
CG
This is really cool! Thank God for Austin’s cost of living, even if it’s inching up. Thanks Lani!
@Lani – you truly are the queen of connections!
Thanks for this great tool – perfect for my business as I have a robust military client base that move all over the place.
You Rock!
Navy Chief, Navy Pride
@laniAR to bad they don’t have an embeddable version you could use, but nonetheless very useful
joe, thanks for such kind words!
jason, i was thinking the EXACT same thing! that would be a cool sidebar widget. lame.
What a great tool, thanks for sharing. CNN always has some great relocation tools and info. I remember comparing our current residence in Buffalo NY to Raleigh NC. It was one of the main reasons we relocated.