For the budget-aware, buying a new home involves calculating how new PITI payments will impact the household budget.

For in-town moves, the math is fairly simple -- consider your existing budget and replace your old housing cost with your new housing cost.

For non-local moves, however, the budgeting grows more complicated because each city has a distinct Cost of Living.

Bankrate.com makes an interesting calculator available that -- while not perfect -- does a fairly good job of helping a home buyer plan for a new life in a new town, complete with estimated heating bills and grocery tabs.

(Image Courtesy: Calendars and More)