Nationwide apartment search site ApartmentList has a new online tool that allows people moving to a new city to figure out how their cost of living will change.
It is based on a basket of common expenses, including housing, groceries, health care, utilities and transportation costs.
“The tool really allows for comparisons to the national average and for side-by-side comparisons for different cities, said Chris Salviati, housing economist at ApartmentList. “And we also have a tool that can help you determine if you’re to move to a new city from your current city, what level of income you would need to maintain your current standard of living.”
The D.C. region’s cost of living ranks fourth-highest among the 100 metropolitan areas that ApartmentList studied.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP