Looking around this morning for news and I came across the cost of living calculator on CNNMoney.com. I highly recommend using it if you are relocating to figure out how far your salary will go in your new location. For example if you make a yearly salary of 50k in NYC it will take you far in a place like Chapell Hill NC.
Difference in Chapel Hill, NC ?
Groceries 28% less
Housing 69% less
Utilities 42% less
Transportation 20% less
Health Care19% less
Use the calculator to budget how much you will spend on a new home or transportation. As the economy improves people will be moving around. Go to http://money.cnn.com/calculator/pf/cost-of-living/?iid=s_pf_mid, to get full use of the callculator.