|Source: Sperling's Best Places|
The calculator indicates that, in Murfreesboro, you will likely be able to get a much nicer house for the same money. Interestingly, the calculator indicates that medical care is pretty much the same if not a bit pricier in Murfreesboro. Those looking at the two areas would want to investigate further.
Keep in mind, as you play around with the calculator, that it represents averages. All cost-of-living indices as well as consumer price indices need to be taken with a grain of salt. A particular individual's situation could be completely different from the results implied by an index. The last thing I would want is for you to come after me because it costs more than you figured ;)
That's a handy calculator for those nearing retirement trying to figure out where to relocate.ReplyDelete