2024 Bankrate cost of living calculator - Mortgages. Shop mortgage rates in your area, compare lenders and use our helpful calculators to see how much house you can afford. Plus, get guidance and timely news updates from our team of ...

 
As of August 2023, the average check is $1,705.79, according to the Social Security Administration – but that amount can differ drastically depending on the type of recipient. In fact, retirees .... Bankrate cost of living calculator

A 3.2 percent increase would raise the average Social Security payment for retired workers from $1,840.27 per month in 2023 to $1,899.16 per month in 2024, an increase of $58.89. You’ll notice ...The cost-of-living adjustment, or COLA, for 2024 will be 3.2%. For Social Security retirement recipients receiving the average monthly benefit ($1,840.27 in August 2023), that’s equal to an ...Use Bankrate’s Cost of Living Calculator to get a sense of how much money you need to enjoy life in Florida’s major metro areas. The range is wide — for example, the cost of living in Tampa ...Compare the cost of home insurance. Understanding home insurance rate trends may be integral in finding a policy that fits your needs. Take a look at the chart below to compare average homeowners ...A new Bankrate study finds that most of us are missing a key piece of our financial well-being: emergency savings. By clicking "TRY IT", I agree to receive newsletters and promotions from Money and its partners. I agree to Money's Terms of ...The cost of living in Iowa for an individual is $1,512 per month, including rent, according to LivingCost.org. That’s about 73 percent of the cost of the U.S. average, making Iowa considerably ...SSI is a government benefit program that helps millions of Americans each year afford living expenses. The amount that a qualifying person receives varies based on several circumstances. Take a closer look at what SSI is and factors that go...Oct 11, 2023 · Let’s apply the 28/36 rule to your $140K salary to see how much you should be spending on housing costs: $140,000 / 12 = $11,667 (gross monthly income) $11,667 x 0.28 = $3,267 (the most you ... For reference, New Yorkers pay an average of $1,371 annually for minimum coverage and $3,139 annually for full coverage. Full coverage in the state is 56 percent higher than the national average ...Our Cost of Living Calculator lets you compare the cost of living between two cities. See what you will need to make to keep your current standard of living.A new Bankrate study finds that most of us are missing a key piece of our financial well-being: emergency savings. By clicking "TRY IT", I agree to receive newsletters and promotions from Money and its partners. I agree to Money's Terms of ...See how far your salary will go to maintain your standard of living using our Cost of Living Calculator. We offer you not only costs and income, but also information on schools, quality of...Compare the cost of home insurance. Understanding home insurance rate trends may be integral in finding a policy that fits your needs. Take a look at the chart below to compare average homeowners ...Savings. Credit Cards. Insurance. Taxes. Small Business. Bankrate.com provides a free retirement calculator for savings, income, simple and financial planning calculators.The 50/30/20 rule is a budgeting strategy that allocates 50 percent of your income to must-haves, 30 percent to wants and 20 percent to savings. It is a simple plan that works well for those who ...2. IRA plans. An IRA is a valuable retirement plan created by the U.S. government to help workers save for retirement. Individuals can contribute up to $6,500 to an account in 2023, and workers ...Mortgages. Shop mortgage rates in your area, compare lenders and use our helpful calculators to see how much house you can afford. Plus, get guidance and timely news updates from our team of ...Our simplified loan payment calculator can help you determine what your monthly payment could be including the principal amount and interest charges. To use the calculator, input the principal ...2. Bank-level security to keep your data safe. 3. Elevated bonus offers and custom results. Use Bankrate.com's free tools, expert analysis, and award-winning content to make smarter financial decisions. Explore personal finance topics including credit cards, investments, identity protection, autos, retirement, credit reports, and so much more. Even if you don’t have a physical calculator at home, there are plenty of resources available online. Here are some of the best online calculators available for a variety of uses, whether it be for math class or business.Oct 5, 2023 · The Bankrate loan payment calculator breaks down your principal balance by month and applies the interest rate you provide. Because this is a simple loan payment calculator, we cover amortization ...Today’s highest CD rate is 5.87% APY for a 1-Year CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you …Apr 13, 2023 · On Friday, December 08, 2023, the national average 5/1 ARM APR is 7.85%. The average 10/1 ARM APR is 7.85%, according to Bankrate's latest survey of the ... Showing results for: Single-family home ...Sep 6, 2023 · According to the MIT Living Wage Calculator, a single adult in Arizona with no children spends an average of $4,686 on food per year. For a family of four, that cost goes up to $13,802. For ... Bankrate Score: 3.8. Learn more: Allstate Insurance review. Allstate has the lowest Bankrate Score on our list, but the carrier could still be a good choice for teen drivers. Allstate offers car ...The largest monthly payment you can afford is around $100. A personal loan with an 11 percent APR and 3-year term will get you a monthly payment of $98.22. Over the life of the loan, you’ll pay ...Aug 11, 2023 · Homes here can be pricey. According to the Raleigh Regional Association of Realtors, the average sale price of a home in the city as of August 2023 was $579,886 — well above the National ... Compare mortgage payments, home equity loans and ARM loans with Bankrate's mortgage calculators. Find out how much house you can afford, how much interest you will pay, and how to refinance your mortgage with the amortization schedule and other tools.Oct 4, 2023 · Social Security offers a monthly benefit check to many kinds of recipients. As of August 2023, the average check is $1,705.79, according to the Social Security Administration – but that amount ... Oct 10, 2023 · A large majority of experts (or 41 percent) expect that inflation won’t settle in at the Federal Reserve’s preferred 2 percent goal post until at some point by the end of 2025, according to ... Jul 26, 2022 · Buying a house in California, in particular, can really cost you. The median sale price for a home in the state was an eye-popping $898,980 as of May 2022, according to the California Association ... The median home sale price in greater metropolitan areas, as of September 2022, was $310,000, according to data from Redfin. Considering the nationwide median home sale price for the third quarter ...Oct 4, 2023 · 28 percent of $5,833 equals $1,633, so that’s the upper limit on how much you should spend on monthly housing costs. Assuming a 20 percent down payment on a 30-year fixed-rate loan at an ... 4.8. Overview. Barclays is an online bank popular for its credit cards, but it also offers CDs and an online savings account. Barclays offers nine terms of CDs ranging from three months to five ...Use the Forbes Advisor cost of living calculator to assess the cost of living in individual cities or compare two locations.May 13, 2022 · Experts are predicting that the COLA increase next year could reach an all time high of 8.9% or above, based on the potential 2023 cost of living increase. (Fortune) Americans who receive Social ...In today’s digital age, technology has revolutionized almost every aspect of our lives, including the way we manage our finances. One area that has seen a significant transformation is taxation.Bankrate’s debt consolidation calculator is designed to help you determine if debt consolidation is the right move for you. Fill in your outstanding loan amounts, credit card balances and other ...One strategy is to use the 50/30/20 rule.This rule says to use 50 percent of your income for your needs (housing, for example), 30 percent for your wants and you should save 20 percent of your income.In comparison, the average married couple spends about $76,000 annually, of which $24,811 is spent on housing — $12,405.50 each. So married people living together are spending nearly $5,500 less ...If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly. (2023-11-27 salary.com)To calculate your home’s equity, divide your current mortgage balance by your home’s market value. For example, if your current balance is $100,000 and your home’s market value is $400,000 ...The typical cost to hire professional movers and a truck ranges between $908 and $2,503, with the average being roughly $1,700, according to data from HomeAdvisor. If you’re hiring a mover for a ...Oct 5, 2023 · A 3.2 percent increase would raise the average Social Security payment for retired workers from $1,840.27 per month in 2023 to $1,899.16 per month in 2024, an increase of $58.89. You’ll notice ...Since 28 percent of $8,333 comes to $2,333, your housing costs should not exceed $2,333 per month, and your total debt costs should not exceed 36 percent of that amount, or $3,000. Estimating your ...Use the Savings Bond Calculator on the TreasuryDirect website to calculate the cash value of EE savings bonds, advises Investopedia. Alternatively, download the Savings Bond Wizard from the TreasuryDirect website to find the value of EE sav...May 31, 2023 · The index measures the overall cost of living in an area, with a score of 100 representing the national average. This category was given an overall weight of 35 percent.Investment goal calculator. Currency calculator. Annuity calculator. Asset allocation calculator. Mutual fund fees calculator. Save money calculator. Savings income calculator.Sep 28, 2023 · On a median-priced $345,000 home, that comes to $19,285.50. But the Texas housing market offers a range of prices depending on what city you’re in. In Dallas, where the median is slightly higher ... Cost of living calculator; How much is my house worth? Log in with Bankrate Pro; ... Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in ...Use the Forbes Advisor cost of living calculator to assess the cost of living in individual cities or compare two locations.Oct 4, 2023 · Let’s see how this rule applies to a $130,000 salary: $130K annually breaks down to $10,833 per month. 28 percent of $10,833 is $3,033, ideally the maximum you’d spend on housing costs per ... Use Bankrate’s Cost of Living Calculator to get a sense of how much money you need to enjoy life in Florida’s major metro areas. The range is wide — for example, the cost of living in Tampa ...May 13, 2022 · Experts are predicting that the COLA increase next year could reach an all time high of 8.9% or above, based on the potential 2023 cost of living increase. (Fortune) Americans who receive Social ... Sometimes you just need a little extra help doing the math. If you are stuck when it comes to calculating the tip, finding the solution to a college math problem, or figuring out how much stain to buy for the deck, look for a calculator onl...Oct 5, 2023 · 5.0. Customer Experience. 5.0. Transparency. 4.6. About Bankrate Score. A SoFi personal loan is a good choice for borrowers who have a stable income and good-to-excellent credit. Along with a ...Dec 12, 2022 · Use Bankrate’s cost of living calculator to compare how much your day-to-day expenses will cost from your old city to your new one. There may be hidden savings in your new hometown you didn’t ... Check Your Personal Loan Rates. Check personalized rates from multiple lenders in just 2 minutes. Explore loans ranging from $500 to $100,000. This will NOT impact your credit score. Enter a loan ...May 18, 2022 · Like many other parts of the country, the cost of housing in Austin has increased sharply in recent years. The current median home price in the metro area is a steep $550,000, according to 2022 ... A one-year CD from CIBC Bank USA earns 5.66 percent APY, which is just 0.01 percent less than the highest-earner for this term — and it requires a $1,000 …Dec 5, 2023 · Here’s how it works for your $170K salary: $170,000 / 12 = $14,166 per month. $14,166 x 0.28 = $3,966 (your monthly housing cost limit) $14,166 x 0.36 = $5,099 (your total monthly debt limit ... NerdWallet's Cost of Living calculator shows you what it costs to live and the quality of life in Boston, MA. We show you the largest costs - housing, gas, food, healthcare - as well as your ...May 31, 2023 · The index measures the overall cost of living in an area, with a score of 100 representing the national average. This category was given an overall weight of 35 percent. Key takeaways. The average cost to finish a basement is about $18,000, running $7-$23 per square foot. The expense of a finished basement is influenced by the size of the space, the quality of the ...The Insurance Information Institute (Triple-I) estimates that the average price of renters insurance is $173 per year on average. Comparatively, the average price of homeowners insurance in the U ...Oct 4, 2023 · Social Security offers a monthly benefit check to many kinds of recipients. As of August 2023, the average check is $1,705.79, according to the Social Security Administration – but that amount ... Oct 13, 2022 · In 2023, workers will pay Social Security taxes on wages of up to $160,200, up from $147,000 in 2022. The change will become effective in January. The tax rate on those wages, 6.2 percent, will ... SSI is a government benefit program that helps millions of Americans each year afford living expenses. The amount that a qualifying person receives varies based on several circumstances. Take a closer look at what SSI is and factors that go...Home affordability calculator; Cost of living calculator; How much is my house worth? Log in with Bankrate Pro; Real estate resourcesSee how far your salary will go to maintain your standard of living using our Cost of Living Calculator. We offer you not only costs and income, but also information on schools, quality of...Mortgage Calculators. Mortgage Calculator. Amortization schedule calculator. How much …Homeownership rates are the largest among people of retirement age. Just over 79% of Americans aged 65 and up are homeowners; just over 75% of those aged 55-64 own homes.¹. Home equity accounts ...Our simplified loan payment calculator can help you determine what your monthly payment could be including the principal amount and interest charges. To use the calculator, input the principal ...Credit Cards. Insurance. Taxes. Small Business. Bankrate's loan calculators can help you determine the right type of financing for your needs, calculate monthly payments and pay off debt.Nov 30, 2022 · But in general, the state’s housing costs run 26 percent lower than the national average. With mortgage rates averaging 6.75 percent (as of December 2022) for a 30-year loan in the state, that ... Median sale price: $340,300, as of February. That’s up 3.1 percent from last year but still below the national median price of $363,000. Sale-to-list ratio: 98.1 percent. Homes typically sell ...Here’s how it works for your $170K salary: $170,000 / 12 = $14,166 per month. $14,166 x 0.28 = $3,966 (your monthly housing cost limit) $14,166 x 0.36 = $5,099 (your total monthly debt limit ...Oct 5, 2023 · A 3.2 percent increase would raise the average Social Security payment for retired workers from $1,840.27 per month in 2023 to $1,899.16 per month in 2024, an increase of $58.89. You’ll notice ...Here, we break down the overall cost of living in Virginia. Housing costs. The Virginia Realtors housing market overview for October 2022 shows a median price of $365,000 for single family homes ...Use the Savings Bond Calculator on the TreasuryDirect website to calculate the cash value of EE savings bonds, advises Investopedia. Alternatively, download the Savings Bond Wizard from the TreasuryDirect website to find the value of EE sav...To calculate your home’s equity, divide your current mortgage balance by your home’s market value. For example, if your current balance is $100,000 and your home’s market value is $400,000 ...Dec 7, 2023 · 5-year. Popular Direct. 4.70%. 1.45%. $1,291. * Note: Annual percentage yields (APYs) shown are as of Dec. 7, 2023. APYs for some products may vary by region. N/A: Not available; Bankrate doesn ... Napa: $890,000. Fresno: $410,000. Los Angeles: $914,640. Shasta: $385,000. As you look at home prices in California, be sure to focus on how that price tag will translate to a monthly payment. For ...Dec 5, 2022 · The survey also revealed that 55 percent of American workers or those temporarily unemployed said they feel behind on their retirement savings, and the proportion only rises as they age: Gen Z ...Bankrate cost of living calculator

50%. 43%. Down payment minimum. 3.5% (with a 580 credit score) or 10% (with a 500 credit score) 3% for fixed-rate loans or 5% for adjustable-rate loans. Loan limits. $498,257 in most areas .... Bankrate cost of living calculator

bankrate cost of living calculator

Compare the cost of home insurance. Understanding home insurance rate trends may be integral in finding a policy that fits your needs. Take a look at the chart below to compare average homeowners ... Retirement. Get the latest information on individual retirement accounts, 401 (k) plans and other retirement strategies. Retirement Income Calculator. Best Savings Account Rates. Social Security ...NerdWallet's Cost of Living calculator shows you what it costs to live and the quality of life in Boston, MA. We show you the largest costs - housing, gas, food, healthcare - as well as your ...Detailed cost of living comparison. This international cost of living calculator allows by city and by country comparison worldwide: 9294 cities and 197 …If a place has a cost of living index of 135, then it is 35% more expensive to live there than the national average. If a place has a cost of living index of 85, then it is 15% cheaper than the average for the entire country. The biggest factor in Cost of Living is housing costs, buying a house or apartment, or renting one.A one-year CD from CIBC Bank USA earns 5.66 percent APY, which is just 0.01 percent less than the highest-earner for this term — and it requires a $1,000 minimum deposit. A two-year CD from ...Dec 12, 2022 · According to MyMove.com*, the cost of a coast-to-coast move can run anywhere from $3,000 for a DIY job to as much as $8,000 for professional movers. There is a lot of room within this range, and ...The cost of room and board varies by school, with private schools often charging more than public schools. For example, the private school Davidson College charges $16,400 for room and board for ...5 days ago · 105. Control your personal finances. Bankrate has the advice, information and tools to help make all of your personal finance decisions.The median price of a home in Colorado Springs is $450,000, which is down 2.2 percent since last year. While that’s higher than the nationwide median of $410,200, it’s significantly cheaper ...In 2023, workers will pay Social Security taxes on wages of up to $160,200, up from $147,000 in 2022. The change will become effective in January. The tax rate on those wages, 6.2 percent, will ...Aug 11, 2023 · The Bankrate promise. More info. At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance ...Percentages may be calculated from both fractions and decimals. While there are numerous steps involved in calculating a percentage, it can be simplified a bit. Multiplication is used if you’re working with a decimal, and division is used t...Mortgage Calculators. Mortgage Calculator. Amortization schedule calculator. How much …Oct 6, 2023 · According to data from the California Association of Realtors (CAR), existing single family homes sold for a median of $859,800 in August 2023, compared to $834,740 in August 2022. That’s a 3 ...Mortgages. Shop mortgage rates in your area, compare lenders and use our helpful calculators to see how much house you can afford. Plus, get guidance and timely news updates from our team of ... Oct 4, 2023 · Let’s see how this rule applies to a $130,000 salary: $130K annually breaks down to $10,833 per month. 28 percent of $10,833 is $3,033, ideally the maximum you’d spend on housing costs per ... Georgia’s low cost of living and light tax burden mean the state ranks No. 3 in affordability nationally, according to Bankrate’s latest Best States to Retire ranking. Active-adult builders ...Oct 4, 2023 · Let’s see how this rule applies to a $130,000 salary: $130K annually breaks down to $10,833 per month. 28 percent of $10,833 is $3,033, ideally the maximum you’d spend on housing costs per ... Oct 5, 2023 · A 3.2 percent increase would raise the average Social Security payment for retired workers from $1,840.27 per month in 2023 to $1,899.16 per month in 2024, an increase of $58.89. You’ll notice ...The average cost of tuition and fees for the 2022-23 academic year at private nonprofit four-year colleges was $39,400. The average annual rate of college tuition inflation is 8 percent. During ...Calculate your cost of living with our easy-to-use Bankrate Cost of Living Calculator. Simply enter your monthly income and expenses to find out your cost of …Cost of living calculator; ... Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. ... Cost of living ...Current mortgage rates in Washington, D.C. As of Friday, December 8, 2023, current mortgage interest rates in Washington, DC are 7.46% for a 30-year fixed mortgage and 6.60% for a 15-year fixed ...Retirement. Get the latest information on individual retirement accounts, 401 (k) plans and other retirement strategies. Retirement Income Calculator. Best Savings Account Rates. Social Security ...Oct 20, 2023 · To make sure you aren’t stretching yourself too thin, let’s round your monthly bill up to an even $3,000. That means you’ll be paying $36,000 per year on housing. Triple that for an ... The average 30-year fixed-refinance rate is 7.57 percent, down 14 basis points over the last seven days. A month ago, the average rate on a 30-year fixed …Calculate your cost of living with our easy-to-use Bankrate Cost of Living Calculator. Simply enter your monthly income and expenses to find out your cost of …Even municipalities within the same state can be quite disparate: Nashville, for instance, has a 12.73 percent more expensive cost of living than Memphis. A cost of living calculator can help you ...The survey also revealed that 55 percent of American workers or those temporarily unemployed said they feel behind on their retirement savings, and the proportion only rises as they age: Gen Z ...Downsizing is the process of moving from a larger home to a smaller one, often one that costs less in upkeep. This might mean moving from a detached, single-family property to a condo or townhome ...Jun 7, 2023 · Add up your total monthly debt and divide it by your gross monthly income, which is how much you brought home before taxes and deductions. Here’s an example: Add up your monthly debt: $1,200 ...Bankrate’s cost of living calculator can show you the costs of particular food items in San Francisco, as they compare with costs in another city. For example, milk costs about $3.38, eggs $3.83 ...Credit Cards. Insurance. Taxes. Small Business. Bankrate's loan calculators can help you determine the right type of financing for your needs, calculate monthly payments and pay off debt.Aug 11, 2023 · Homes here can be pricey. According to the Raleigh Regional Association of Realtors, the average sale price of a home in the city as of August 2023 was $579,886 — well above the National ... May 31, 2023 · The index measures the overall cost of living in an area, with a score of 100 representing the national average. This category was given an overall weight of 35 percent.Today's 30-year mortgage refinance rate eases, --0.01%. The average 30-year fixed-refinance rate is 7.57 percent, down 1 basis point over the last week. A month ago, the average rate on a 30-year ...Jul 31, 2023 · Affordability was calculated using the following: the 2023 cost of living index from the Council for Community and Economic Research; state property and sales tax rates from the Tax Foundation’s ... Cost of living calculator; ... Bankrate’s mortgage calculator can help: It shows that if you were to buy a $500,000 home, with a 20 percent down payment and a 30-year loan at 7.5 percent ...Oct 12, 2023 · The cost-of-living adjustment, or COLA, for 2024 will be 3.2%. For Social Security retirement recipients receiving the average monthly benefit ($1,840.27 in August 2023), that’s equal to an ...Nov 7, 2022 · The cost of living in San Diego is comparable to Los Angeles, though slightly cheaper. According to Bankrate’s cost of living calculator , living costs in L.A. are 4.85 percent higher than they ... Key takeaways. Homeowners insurance can be costly, but there are several potential ways to save on premiums. Consider bundling your current car and home insurance policies, increasing your ...Use the Forbes Advisor cost of living calculator to assess the cost of living in individual cities or compare two locations.Median sale price: $340,300, as of February. That’s up 3.1 percent from last year but still below the national median price of $363,000. Sale-to-list ratio: 98.1 percent. Homes typically sell ...If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly. (2023-11-27 salary.com)Key takeaways. The average cost to finish a basement is about $18,000, running $7-$23 per square foot. The expense of a finished basement is influenced by the size of the space, the quality of the ...Use MoneyGeek's cost of living calculator to compare your current and potential living expenses across U.S. cities and the national average. Find out how much more or less you need to maintain a similar standard of living, and how much you'll pay for necessities, utilities, groceries and other costs in different cities.Today’s highest CD rate is 5.87% APY for a 1-Year CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you …Investment goal calculator. Currency calculator. Annuity calculator. Asset allocation calculator. Mutual fund fees calculator. Save money calculator. Savings income calculator.Single. $138,000 - $153,000. Married filing separately. $0 - $10,000. Source: IRS. *For the purposes of this calculator, we assume you are not Married filing separately and contributing to a Roth ...2. Bank-level security to keep your data safe. 3. Elevated bonus offers and custom results. Use Bankrate.com's free tools, expert analysis, and award-winning content to make smarter financial decisions. Explore personal finance topics including credit cards, investments, identity protection, autos, retirement, credit reports, and so much more.Oct 20, 2023 · To make sure you aren’t stretching yourself too thin, let’s round your monthly bill up to an even $3,000. That means you’ll be paying $36,000 per year on housing. Triple that for an ... Current mortgage rates in Washington, D.C. As of Friday, December 8, 2023, current mortgage interest rates in Washington, DC are 7.46% for a 30-year fixed mortgage and 6.60% for a 15-year fixed ...Jul 10, 2023 · Here are some ways you can avoid the pitfalls of lifestyle inflation and make the most of a higher income: Set clear financial goals: Define both short and long-term financial goals, such as ... The trusted provider of accurate rates and financial information. Use Bankrate.com's free tools, expert analysis, and award-winning content to make smarter financial decisions. Explore personal ...Jul 26, 2022 · Buying a house in California, in particular, can really cost you. The median sale price for a home in the state was an eye-popping $898,980 as of May 2022, according to the California Association ... Pain and suffering compensation is calculated by multiplying special damages by a certain factor or by using a daily rate for each day someone has lived with pain and suffering since an accident, according to AllLaw.com.2. Bank-level security to keep your data safe. 3. Elevated bonus offers and custom results. Use Bankrate.com's free tools, expert analysis, and award-winning content to make smarter financial decisions. Explore personal finance topics including credit cards, investments, identity protection, autos, retirement, credit reports, and so much more.Affordability was calculated using the following: the 2023 cost of living index from the Council for Community and Economic Research; state property and sales tax rates from the Tax Foundation’s ...In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure …. Pisgah banjo