Dept of Labor Cost of Living Calculator
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Reviewed by Calculator Editorial Team
The Department of Labor Cost of Living Calculator helps you determine how much your salary should be adjusted based on the cost of living in your area. This tool uses the official methodology to provide accurate adjustments for raises, promotions, or relocation.
How to Use This Calculator
To calculate your cost of living adjustment:
- Enter your current salary in the "Current Salary" field.
- Select your current location from the dropdown menu.
- Select your new location from the dropdown menu.
- Click "Calculate" to see your adjusted salary.
The calculator will display your adjusted salary based on the cost of living differences between your current and new locations.
Formula Used
The cost of living adjustment is calculated using the following formula:
The Cost of Living Index (COLI) is a measure of the relative cost of living in different areas. A COLI of 100 represents the national average.
Note: This calculator uses the most recent cost of living data from the Bureau of Labor Statistics. For the most accurate results, ensure your location data is up-to-date.
Worked Example
Let's say you currently earn $50,000 in a city with a COLI of 120, and you're moving to a city with a COLI of 150.
Your adjusted salary would be $62,500 to maintain your purchasing power in the new location.
| Location | COLI | Salary |
|---|---|---|
| Current Location | 120 | $50,000 |
| New Location | 150 | $62,500 |
FAQ
- What is the Cost of Living Index?
- The Cost of Living Index (COLI) is a measure that compares the relative cost of living in different areas. A COLI of 100 represents the national average.
- How often is the cost of living data updated?
- The cost of living data is updated quarterly based on the latest Bureau of Labor Statistics reports.
- Can I use this calculator for international locations?
- This calculator currently supports US locations only. For international cost of living adjustments, please use our dedicated international calculator.
- What if my location isn't listed?
- If your location isn't listed, you can use the nearest major city with similar cost of living characteristics.
- Is this calculator free to use?
- Yes, this calculator is completely free to use with no hidden fees or subscriptions.