cost of living

Why I Choose to Not Be Rich

I'm happy making $1,000 a month. My journey to being satisfied with that -- the most I've ever made -- started with a humble meal in Sri Lanka.

The 10 Best U.S. Cities for Retirees

Sunny. Walkable. And a low cost of living. These are the places where retirees can kick back and relax but still engage in a bustling city culture when they want it.

The 10 Most Expensive Cities in the United States

The Council for Community and Economic Research just released its sixth annual city cost-of-living rankings. We'll tell you which cities made its top 10 list, plus the average costs of a few ordinary purchases in each one to help put those expenses in perspective.

World's Most Expensive Cities

$9 for a loaf of bread in Tokyo? $2,100 for a dinner bill in Paris? To see which cities are the most expensive for residents and visitors, the Economist looked at the prices -- in U.S. dollars -- of everyday items in cities worldwide.

Life's Necessities Could Cost You $3,794 More in 2013

Surveying the raft of end-of-year surveys floating around right now, it quickly becomes apparent that not only are our taxes set to rise in 2013, but the cost of a whole lot of other stuff is going up, too. The question is: How much more expensive will life get in the new year? Here are the grim statistics.

8 Things That Will Cost More in 2013

Happy New Year! Your life just got more expensive. While congress frets over the looming fiscal cliff and taxpayers brace themselves for higher tax rates, consumers should prepare for certain goods to become pricier in 2013.

Here's How Washington Is Likely to Trim Our Social Security Benefits

When Congress and President Obama make a budget deal to avoid the fiscal cliff, they're likely to use something called "chained CPI" to tweak how Social Security calculates cost of living adjustments. Here's a plain English explanation of what that means, and how it will effect your retirement.

The Best U.S. Cities for Retirees

When choosing where to retire, there are lots of factors to consider beyond fun in the sun. Good health care, cost of living, low crime rates, and a host of cultural aspects come into play. So where should you set your sights? Kiplinger and the Martin Prosperity Institute pick out some winners.

The 10 Cheapest Cities in America

It's hard to say exactly what makes one area more expensive than another but when it all comes down to it, it's cheaper down south.

7 Ways To Bite Back at Rising Food Costs

The U.S. Department of Agriculture predicts you' ll be paying about 3% more for your groceries the remainder of the year, and as much as 5% more in 2013, due in part to the nation's worst drought in 50 years. Increased food price don't have to take an oversized bite out of your budget: Here are seven ways to cut your supermarket bill.

Pop Quiz: Is America Still the Land of Economic Opportunity?

"Moving on up" is a fundamental part of America's identity, but the path from rags to riches is getting harder to navigate. To gauge the state of American promise, we dug into the numbers: Take our quiz to find out if American hope lives up to American hype.

Retired Couples May Need $240,000 for Health Care

Couples retiring this year can expect their medical bills throughout retirement to cost 4 percent more than those who retired a year ago, according to an annual projection released Wednesday by Fidelity Investments.

Why Inflation Is Higher Than It Looks

The Consumer Price Index, which measures inflation, is only as effective as the assumptions it makes -- in this case, about what you buy. If you spend more on certain things than most people, then the CPI will do a terrible job of reflecting the prices you actually pay. In particular, retirees often don't fit the CPI profile well at all.

Consumer Prices Were Unchanged in November

Consumer prices stayed flat in November, further evidence that inflation has cooled off. Energy costs dropped for the second straight month, which offset higher prices that Americans paid for food, clothes and medical services. The consumer price index was unchanged in November, the Labor Department said Friday. That followed a 0.1 percent decrease in October.

Not Much for Social Security Recipients

Social Security recipients, 55 million strong, will get a 3.6% cost of living increase next year. There has not been a cost of living increase from the fund in three years. This one is so small that it may harm consumer spending. It certainly won't help -- another likely drag on GDP.

Israelis Protest High Cost of Living, and Prevail

As the world watches the uprising in the Arab world, another popular revolt is taking place in Israel. There, citizens are in an uproar over the same thing that raises the ire of many average Americans: the high cost of living. Israelis want affordable housing, food, gas, goods, and services. Or, as they put it, social justice. Could we take their actions as a model?

The South Offers Most Bang for Cost of Living Buck

Everyday expenses have a direct effect on the price of doing business, which is why CNBC measures the cost of living when it does its survey of the top states for business. So where would a business find a state where the cost of living is low? The survey results point to the South.