How this number is made
A cost-of-living adjustment scales a salary by the ratio of two indexes. If the other place is 118 and yours is 100, the equivalent salary is 18% higher. The indexes are yours to bring. This page does not look up a city, and two indexes from different publishers should not be mixed.
- Use the same index family for both numbers.
- 100 and 118 mean the other place costs 1.18 times as much, if the index is built that way.
Formula
Equivalent salary = salary × index there ÷ index here.
Worked example
With the figures already in the form, equivalent salary there is $106,200.
Questions
Which index?
Any you trust, used consistently. The page will not fetch one.
Does this include taxes?
No. A place can be cheaper on rent and more expensive after state tax. The index only does what its author put in it.