It is true that money is not everything you need to survive. However, money is definitely required in order to live, not just to survive. After taking care of all the expenses associated with living, such as utility bills, mortgages, rent for the most of us there is hardly anything left in our hands as disposable income, with which we can actually celebrate the fact that we are living. There is a saying that goes like this “a penny saved is a penny earned”. So it is crucial to make good financial decisions in order to save a few bucks, even if we cannot earn more. The single biggest expense that all of us face is the cost of living, and this depends on a lot of variables. Though in general, it seems on the surface that in towns where cost of living is rather high, income is also a bit higher. However, if we factor in the real income and purchasing power, we can see the real picture.
If you are thinking about moving to a new town in order to earn more, then definitely learn about the cost of living there. Such as the level of rent, food prices, commute costs, etc. If you wish to learn more on this topic, then you have come to the right place. On insider monkey’s blog page, we have come up with the list of The 10 Most Expensive Towns to Live in the US. Just click on the link to access the full article.