Cost of Living Calculator - Single Location
Calculate your living expenses with customizable percentages and get expert financial planning recommendations
Step 1: Basic Information
Enter your country and income to get started with your cost of living calculation.
Customize Expense Percentages
Total: 95.0%• Savings: 5.0%
Housing
Rent or mortgage + utilities
%
Recommended: 25% - 30%Ideal: 28%
Keep housing costs reasonable
Food
Groceries + eating out
%
Recommended: 10% - 15%Ideal: 12%
Balanced nutrition budget
Transportation
Public transit or vehicle costs
%
Recommended: 10% - 15%Ideal: 12%
Efficient transportation costs
Healthcare
Insurance + out-of-pocket
%
Recommended: 5% - 10%Ideal: 7%
Essential health coverage
Taxes
Income tax burden
%
Recommended: 15% - 30%Ideal: 22%
Varies by country and income
Miscellaneous
Entertainment, personal care, etc.
%
Recommended: 5% - 10%Ideal: 8%
Entertainment and personal care
Financial Planning Tips
• The 50/30/20 rule: 50% needs, 30% wants, 20% savings
• Housing should not exceed 30% of gross income
• Aim to save at least 10-20% of your income
• Emergency fund should cover 3-6 months of expenses