Expenditure on the necessities of a family, such as food, housing, and transportation, is known as the Cost of Living. If you're considering relocating to a new city, you may use this statistic to see if it's financially feasible for you.
For instance, the cost of living in a new city may not be worth it if you're going there for a higher-paying job, but the cost of living is twice what it is in your present place. Your income will increase, but your expenses will rise dramatically, leading to lower total potential earnings.
Cost of Living
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