Is cost of living everything?
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The topic of inflation is in the news daily. As the cost of consumer goods increases, this impacts household spending and, more broadly, the cost of living. Location matters when measuring the cost of living because it is subjective, unlike inflation, which measures change over a period of time. In this episode, Nimo and Jas explore what matters most when deciding where to live and how much it costs. Press play to hear:
- Methodology discussion on RentCafe.com report: The Best Places to Live in for Renters in 2022
- History and definitions of “cost of living” measurements
- Net migration in the last decade and personal experiences in different cities
Thank you for listening and tune in every other Tuesday where Nimo and Jas keep it Four Degrees to the Streets.
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RESOURCES
The Best Places to Live in for Renters in 2022
What Does 'Cost of Living' Really Mean and Why Does it Vary By State?
Annual Average 2021 Cost of Living Index Released
Housing + Transportation Fact Sheets
Net Domestic Migration Increased in Many U.S. Counties in 2021
The Importance of the Cost of Living and Policies to Address It
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