Moving to a new city? Here's how to calculate what you really need to earn.
The Big Categories
Focus on these when comparing:
- Housing: Biggest variable (30-60% of budget)
- Transportation: Car cities vs. transit cities
- Groceries: Usually 10-20% variance
- Healthcare: Huge differences by country
- Taxes: Often forgotten but crucial
The Real Comparison Method
- List your current monthly expenses by category
- Research equivalent costs in new city
- Calculate total monthly need
- Factor in taxes to find gross salary needed
Common Mistakes
- Only comparing rent (miss other costs)
- Using averages (your lifestyle may differ)
- Forgetting quality differences
- Ignoring taxes completely
Using Secondary Currency
Once you move, track in both currencies to understand true spending.
Start Tracking Together
Download Pocket Clear free. Simple expense tracking for couples and expats.