Your dollar goes further in certain cities, depending on the cost of housing and the cost of living in general. If you’re unfamiliar with an area, you may not know how to budget your life accordingly. The Earth Awaits helps build a custom budget specific to cities all over the world.
The tool is free to use and easy to customise. Enter details about your monthly income along with what kind of housing you want, your desired lifestyle and, of course, your area. You can browse different cities by continent, or search for a specific city. They also include advanced filters that let you compare these places and sort them by quality of life, budget and even internet speed.
Once you hit search, you’ll get a list of cities that suit you. Hit the city, and you’ll see detail on a variety of information, from state laws and regulations to weather to internet speeds. Of course, the tool’s budgeting feature is what really sets it apart, though. It breaks down the cost of housing, utilities and food, telling you what you can expect to pay for each category. You can also enter specific details about your petrol consumption, fast food habits and so on to allocate the rest of your funds.
According to the site, they use public data from sources like Wikipedia, UN studies and Numbeo to come up with their numbers. Their info seems to be based more on research than specific formulas. They include a lot more detail on how they calculate budgets, though. You can read more about their methodology here.
Overall, the tool is a useful starting point to create a budget for a city you may be moving to or temporarily living in. Check it out for yourself at the link below.