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To compare the cost of living in your current location to the cost of living somewhere else, check out the Cost of Living Calculator http://cgi.money.cnn.com/tools/costofliving/costofliving.html Salary.com has a cost of living Wizard http://swz.salary.com/costoflivingwizard/layoutscripts/coll_start.asp
You can also check out the Places Rated Almanac which compares most major cities in every conceivable way including climate, educational facilities, sports teams, cultural advantages etc. http://www.placesrated.com/
To find out how Americans by age group spend their money, compare what you spend as a senior (first figure) with what the average American household spends (second figure).
| Americans who are homeowners |
|
67% vrs 57% |
| Percent of home owners with a mortgage |
|
61% vrs 81% |
| Average # of people in household |
|
2.1 vrs 2.9 |
|
|
|
|
| Annual spending per household |
|
|
|
Food
|
|
$5,340 vrs $5,643
|
| Housing |
|
$13,432 vrs $14,403 |
| Furniture |
|
$401 vrs $460 |
| Major appliances |
|
$196 vrs $200 |
|
Sheet, towels, other household textiles
|
|
$113 vrs $108
|
| Apparel |
|
$1,640 vrs $1,870
|
| Transportation |
|
$7,781 vrs $8,354
|
| New vehicles |
|
$2,052 vrs $2,055
|
| Old vehicles |
|
$1,611 vrs $1,904
|
| Health care |
|
$2,416 vrs $1,758
|
| Drugs |
|
$467 vrs $266
|
| Entertainment |
|
$2,060 vrs $2,142
|
| Insurance and pension expense (1) |
|
$4,055 vrs $4,505
|
| Other expenses |
|
$4,093 vrs $3,956
|
| Total |
|
$40,817 vrs $42,631
|
Source: Advertising Age’s American Demographics, based on Bureau of Labor Statistics’ Consumer Expenditure survey. (1) Includes social security contribution (excludes health insurance, which is classified as health-care expense).
U.S. Government Nursing Home Comparison
Site http://www.cms.hhs.gov/CertificationandComplianc/12_NHs.asp
For a comprehensive directory of retirement homes, retirement communities, assisted living communities, senior housing, nursing homes and skilled nursing communities and long term care options in the USA, Canada, and worldwide check out this site: http://www.retirementhomes.com/ |