To calculate your own cost of living, add up how much you spend on essentials. For many people, housing makes up the biggest share of their cost of living. According to the Bureau of Labor Statistics, housing a
Most states allow you to see the average utility cost for any address. This can help you determine how much you should plan on forking over to keep your home warm enough or cool enough. After checking into a few rentals, pull up their cost of utilities and write it next to the pric...
Take the survey and help us to calculate the cost of living in your Chinese city! Beijing Shanghai Shenzhen Guangzhou Take the survey and help us to calculate the cost of living in your Chinese city! Monthly expenses (according to your profile) In the table below we’ve listed expenses for...
Calculate the average of any data set by adding all the data points and dividing the sum by the number of data points. The term data point refers to a single number in a data set, which is a set of numbers. Suppose business A has reported two years of quarterly revenue, yielding a d...
Calculate Monthly Expenses Step 1 Add up all of your fixed-monthly housing expenses. This includes your rent or mortgage payments, electricity, water, gas, phone and cable. Some of these might fluctuate slightly from one month to another, but use estimates of the average cost. ...
Draw a rough sketch of your entire space, labeling all of the rooms you need to measure. Include hallways and vestibules as their own “room.” Measure the length and width, in feet, of each room. Then, multiply the length by the width to calculate that room’s square footage. For ex...
Be aware that this might also require you to spend more in other places, such as a monthly train ticket or gas for your car. If you own a home, car or both, you may want to refinance these loans at a lower rate. If you’re paying more than the average interest rate on a ...
market. To calculate a profitable price you need to know the cost of your raw materials plus packaging and overhead. Multiply that by 5 or 6 to get a good idea for the retail price. If you want to sell wholesale, divide your retail price in half. Test from there to see what ...
While there is not a specifically defined formula to help you calculate an opportunity cost,there are three key factors that are always involved in opportunity cost: money, time, and effort(or also known as “sweat equity”). Here are a few ways that you can think about this cost in an...
The Council of Ministers of Education, Canada (CMEC) offers a usefulonline toolwhich allows prospective international students to quickly calculate the costs of studying at different universities in Canada, as well as providing guidance on the documents needed to apply. ...