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Page 1: LET WAGE CALCULATOR ALONE MANAGE YOUR FINANCES

LET WAGE CALCULATOR ALONE MANAGE YOUR FINANCES

Relocation throws many challenges yet certain opportunities to make more money in countries outside India. Graduates passed from top notch schools hunt for lucrative job offers in certain parts of the country that promises handsome compensation. Candidates in abundance who fly abroad to pursue higher studies, frequent flyers for business affairs, expats who relocate to take up work assignments faces cost of living challenges. Now many of you can have a question, what cost of living is? Colloquially, Cost of living is cost of maintaining a certain standard of living.

Ideally, cost of living calculations vary geographically; it simply means cost of living in US would not be similar to cost of living in Spain. Cost of living in US can vary depending on location, lifestyle. To live a comfortable stay In America, you must be accustomed to the country’s lifestyle, culture so you may not have to bear the brunt of the cost of living differences. In many parts of the America, low wage families earn meager income that is not sufficient to make the both ends meet given the local cost of living adjustments. Lately, majority of high-cost communities and US citizens had arguments with authorities that the prevailing

wage given by private sectors be reflected a living wage rate that is required to meet minimum standard of living. To address the concern of the citizens, students, business travelers Salary Expectation, in collaboration with EIU has launched Cost of living salary calculator that gives you the comparative report of the cost of living prices in your community. The unique wage calculator lists the individual prices of over 400 commodities for 140 cities and 93 cities across the globe.

The tool is designed to provide an insight to determine a minimum estimate of the cost of living for families, expats, say if they are moving to US, so they can negotiate a higher salary that covers the cost of living differences to do justice to salary expectation. Getting and accessing a wage calculator is imperative so an individual can manage the cash flows wisely without having the need to shrink the budgets. The wage calculator aims to help to provide a deeper perspective for the cost of living in America.


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