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Re: Pay Rates relative to Cost of Living in a Town
Subject:Re: Pay Rates relative to Cost of Living in a Town From:Barry Campbell <barry -at- WEBVERANDA -dot- COM> Date:Tue, 7 Jul 1998 11:33:28 -0400
At 11:24 AM 7/7/98 -0400, John David Hickey wrote:
>1. How do you determine the cost of living in a town?
>2. How do you adjust your pay rate relative to the cost of living?
Dave,
There are no easy answers to these questions. You *can* find
"salary calculators" on the Web which estimate the relative
purchasing power of money in various locations; one such
program (the "Cost of Living Comparator") can be found on
Money Magazine's web site at
This might give you a rough idea of the differences in the
cost of living between U.S. locations. Their data for New
York City and Raleigh, North Carolina (where I live now/
where I moved from) seems about right to me.
I've never seen an international implementation of this--in
other words, I don't know of a Web-based tool that would allow
you to compare the cost of living in Montreal to the cost of
living in, say, Boston or Dallas--but maybe this will give you an
idea of what to look for.
Hope this helps.
Best regards.
--
Barry Campbell | Why people tear the seams of anyone's dreams
barry -at- webveranda -dot- com | is over my head... (Duke Ellington/Bob Russell,
40.77 N, 73.97 W | "Do Nothin' Till You Hear From Me")
