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Cost of Living Calculator — BEA Metro Comparison

Compare U.S. metros with official BEA 2024 price parities, personalized budgets, optional tax rates and job-offer coverage.

Real EstateUpdated November 2, 2026
Tables verified Nov 2, 2026

Your Inputs

389 areas
Your current situation
Current Metro
01,000,000
Destination
Destination Metro
Austin, TXSeattle, WA

BEA 2024 price parities

98.1 → 111.1 (U.S. = 100)

Released February 19, 2026. Metro price levels, not live quotes or an inflation forecast.

Source & definitions
Required salary in Seattle, WAlive

$107,658

BEA metro average · before tax differences · 2024 source year

CompositionBEA 2024 · U.S. = 100
Current Destination
  • Goods93.8 / 104.0
  • Housing (rents)120.4 / 151.3
  • Utilities82.0 / 92.8
  • Other services96.2 / 106.8
Breakdown
Gross Salary Difference+$12,658
BEA Price-Level Change13.3%
Monthly Gross Difference+$1,055
Housing Parity Change25.7%
Assessment
010088CURRENT SALARY COVERAGE
AStrong

Goods

104.0 index

10.9%

93.8 current → 104.0 destination

Housing (rents)

151.3 index

25.7%

120.4 current → 151.3 destination

Utilities

92.8 index

13.1%

82.0 current → 92.8 destination

Other services

106.8 index

11.0%

96.2 current → 106.8 destination

How to read the assessment

Current salary coverage is current gross salary divided by required gross salary, capped at 100. A score below 100 is a pay shortfall, not a quality-of-life grade. The 2024 BEA indexes compare metro price levels; they do not measure schools, safety, commute time, neighborhood rents or future inflation.

Negotiation note

Use $107,658 as a purchasing-power benchmark, not an automatic salary floor. Add an offer in the personalization panel to measure its gap, and check market pay for your specific role.

Saved relocation scenarios

No saved scenarios yet

Save up to three configurations from the results panel and Swiftly will line them up side by side, flagging the best value automatically.

What this calculator does

Compare purchasing power across 387 U.S. metropolitan areas with official BEA Regional Price Parities. Start with a salary-equivalent estimate, then personalize four monthly budget categories, add your own income and payroll tax rates, or test a job offer.

Figures this model assumes

Sources & method →
  • 01387 U.S. metros plus two national benchmarks
  • 02Source: BEA 2024 RPPs, released February 19, 2026
  • 03Four published categories; no synthetic tax index
  • 04Default: salary × destination RPP ÷ current RPP

The complete guide

Cost of Living

Updated November 2, 2026

01What a Regional Price Parity measures

A Regional Price Parity, or RPP, compares price levels across places in a reference year. The U.S. average is 100, so an all-items RPP of 112 means a metro's overall consumption price level is about 12% above the national level. It does not mean prices rose 12% that year, and it does not mean every product costs 12% more.

This calculator uses the 2024 all-items, goods, housing, utilities and other-services series from BEA table MARPP, released February 19, 2026. BEA combines detailed price information with Census rent data to estimate spatial price levels. The comparison is between metro areas, not between two neighborhoods or two specific homes.

RPP is a place-to-place price-level comparison. CPI is primarily a time-to-time inflation measure. They answer different questions.

02The default equivalent-salary formula

With no tax adjustment, equivalent salary equals current gross salary multiplied by the destination all-items RPP and divided by the current all-items RPP. Equal tax rates cancel out, so the same formula applies to after-tax purchasing power. A move from RPP 100 to RPP 140 needs 40% more salary; the reverse move needs 28.6% less, not 40% less.

This is a purchasing-power benchmark, not a prediction of what an employer will pay. Wages are set by role, experience, labor-market demand and company pay bands. Use the offer comparison to measure the gap between an actual offer and the estimate instead of treating the result as an automatic negotiation floor.

  • Required salary = current salary × destination RPP ÷ current RPP.
  • Gross salary difference = required salary − current salary.
  • Current salary coverage = current salary ÷ required salary, capped at 100 for the assessment.

03Use your actual monthly budget

A single all-items ratio cannot know your rent, household size or spending mix. The personalization panel therefore accepts your current monthly spending in four published BEA categories. Each line is multiplied by its own destination-to-current category ratio. The calculator then preserves your current monthly dollar surplus, or explicitly carries forward a deficit, rather than pretending all income is spent.

The budget method is additive around your real spending. If your destination budget is $400 per month higher, you need $4,800 more annual after-tax income to keep the same dollar surplus. If you enter different effective tax rates, the calculator converts that after-tax need back to gross salary.

  • Housing: tenant-rent price levels; owner housing is only approximated.
  • Goods: durable and nondurable goods, including food, apparel and transportation goods.
  • Utilities: water, sanitation, electricity and gas.
  • Other services: transportation, medical, education, recreation, food services and other services.

04Taxes, childcare and job offers

There is no invented city tax index. BEA RPPs are not an income-tax calculator, and a metro can cross state lines. If you want a gross-salary estimate that includes taxes, enter your own effective income and payroll tax rates for the current and destination salaries. Zero percent leaves the tax adjustment off; equal rates leave the default RPP ratio unchanged.

Add childcare, education, insurance and other personal costs to the appropriate entered budget lines. Property tax, sales tax and similar household expenses should also be represented in actual spending rather than hidden in an unexplained tax weight. An optional job offer adds a direct offer-minus-required figure and coverage percentage to the results and exports.

05Why the source year is 2024

Official spatial statistics arrive after the reference year. BEA published these 2024 RPPs on February 19, 2026; the next scheduled release shown by BEA is December 10, 2026. The interface keeps the reference year and release date next to the inputs so an older observation cannot be mistaken for a live quote.

Do not inflate a city RPP with a national CPI series and call the result an official current index. That would mix a spatial price level with a time-series inflation measure and introduce an undocumented assumption. For a current lease, insurance premium or childcare place, collect real quotes and enter them in the personalized budget.

06What the comparison cannot decide

A metro average does not capture neighborhood safety, school fit, commute time, climate risk, healthcare access or proximity to family. It also cannot capture a fixed mortgage taken out years ago. The housing RPP is based on tenant rents, so homeowners should treat a housing-scaled estimate as approximate and use their real forward-looking housing costs.

The dataset covers U.S. metros plus the U.S. average and nonmetropolitan benchmark. It does not support an international city comparison or currency conversion. Lower prices do not automatically mean a better life, and higher prices do not automatically require a higher salary for every household.

Frequently asked

Cost of Living Calculator FAQ

13 answers

The default is current gross salary multiplied by the destination all-items Regional Price Parity and divided by the current all-items RPP. Optional entered tax rates convert the required after-tax amount back to gross pay. Personalized mode instead scales your actual monthly budget lines and preserves your current dollar surplus.

The calculator includes 387 U.S. metropolitan statistical areas, plus the U.S. average and U.S. nonmetropolitan portion: 389 searchable choices in total. Metro names and boundaries follow the BEA dataset, so a result is not a neighborhood-level estimate.

Not automatically. BEA RPPs do not calculate your tax bill. You can enter effective income and payroll tax rates for both locations, and the tool uses those entered rates to translate after-tax purchasing power into gross salary. It never claims to infer federal, state or local taxes from a metro name.

Enter gross annual salary. With tax adjustment off, equal tax treatment is assumed and salary scales by the RPP ratio. With tax adjustment on, the tool applies your entered effective rates. If you already know your after-tax income, you can use the personalized budget and tax controls to make the assumptions explicit.

Enter current monthly housing, goods, utilities and other-services spending. Each amount is scaled by the matching destination-to-current BEA category ratio. The annual after-tax budget change is added to current after-tax income, preserving the same monthly dollar surplus or deficit before any entered tax-rate conversion.

They are not separate BEA RPP series in this tool. Include their actual monthly costs in other services when personalizing your budget. This makes your household cost visible without inventing a childcare price for every metro.

BEA publishes RPPs annually. This build uses the 2024 reference-year data released February 19, 2026; BEA lists December 10, 2026 as the next scheduled release. The calculator does not claim quarterly RPP updates or live rent data.

The page review year and the statistical reference year are different. 2024 is the latest reference year in the BEA release published February 19, 2026. Showing that release date and source year is more honest than relabeling the observations as current prices.

No. BLS says an individual-area CPI measures price change over time in that area; it does not show whether prices are higher or lower than in another area. RPPs are designed for spatial price-level comparisons, which is why this calculator uses them.

Competitors use different datasets, reference periods, geographic boundaries, household assumptions and tax treatments. C2ER-based tools, crowdsourced international databases and BEA RPPs do not measure the identical basket. Compare the source year and formula before comparing the final salary figures.

Not with this BEA dataset. The tool intentionally remains a U.S.-metro, USD comparison and does not fabricate exchange rates or international price parities. For an international move, use a source designed for the same basket in both countries and model currency, taxes and household costs separately.

BEA estimates housing price levels for tenant-occupied housing. The all-items measure includes housing consumption, but the separate housing component is rent-based. A fixed existing mortgage can make your experience very different from a new renter’s, so use actual forward-looking costs and treat the rent-scaled homeowner estimate as approximate.

No. The assessment measures current salary coverage against a price-based benchmark, not quality of life. Schools, safety, commute time, climate, healthcare access, social ties and the specific neighborhood still require separate research.

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Swiftly calculations are educational estimates generated from published 2026 tax brackets, Federal Reserve rate data and state-level averages. They are not an offer of credit, tax advice or a guarantee of terms. Confirm results with a licensed lender, CPA or advisor before making financial decisions.