Free budget planner · No login
Cost of Living Calculator
See exactly where your money goes. Enter your income and monthly costs, and get your savings rate, a financial health score, clear charts, a 12-month outlook and a yearly projection in seconds, in any currency.
- Free, no account
- Private by design
- 60+ currencies
- 80+ countries and cities
How it works
- Choose your placePick a currency, country and city. Inflation and cost of living are filled in for you.
- Enter income and costsType amounts or use the sliders. Start from a Student, Single, Couple, Family or Retiree template if you like.
- CalculateTap one button. Your full report opens below, with charts, tables and recommendations.
- Save and shareKeep a monthly snapshot, compare months, download a PDF or Excel file, or print.
| Step | You enter | You get |
|---|---|---|
| 1. Profile | Currency, country, city, monthly or yearly view | Auto-filled inflation rate and cost of living index |
| 2. Income | Main income, other income | Total income per month and per year |
| 3. Expenses | Housing, utilities, food, transport, health, education, fun, debt, other, plus your own categories | Category breakdown with percentages |
| 4. Optional | Budgets, savings, goal, growth and return assumptions | Budget vs actual, goal plan, projection |
| 5. Result | One tap on Calculate | Score, alerts, charts, table, PDF / Excel / CSV |
How each number is calculated
| Result | Formula | Example |
|---|---|---|
| Total expenses | Sum of all categories | 900 + 150 + 300 = 1,350 |
| Remaining balance | Income - total expenses | 2,000 - 1,350 = 650 |
| Savings rate | Remaining / income x 100 | 650 / 2,000 = 32.5% |
| Yearly projection | Income and expenses grown by your growth and inflation rates each year | Expenses x (1 + inflation)year-1 |
| Cost of living equivalent | Expenses x (other place index / your index) | 1,350 x 82 / 62 = 1,785 |
| Health score | Savings 35 + spending 25 + housing 15 + debt 15 + buffer 10 points, scaled to 100 | Shown with every check explained |
Why track your cost of living?
A budget is only useful when it reflects real prices where you live. Rent in one city can cost twice as much as in another, and inflation quietly raises the price of the same basket of goods every year. This calculator puts your own numbers next to local price levels so you can see whether your income really covers your lifestyle, how long a savings goal will take, and what a move or a pay rise would change.
It is built for students, single people, couples, families, expats and anyone planning a move within Europe or beyond. Use it once for a quick check, or save a snapshot each month to watch your progress over time.
Frequently asked questions
Is the Cost of Living Calculator really free?
Yes. It is free to use, needs no account and no login, and there is no limit on how often you can calculate.
Where is my financial data stored?
Your entries are saved only in your own browser (local storage) so you can come back later. Nothing is stored in an account. Only the numbers needed for a calculation are sent to our server for that one request and are not kept.
How is the savings rate calculated?
Savings rate = (income - total expenses) / income x 100. A rate of 20% or more is a common healthy target.
What does the Financial Health Score mean?
It is a 0-100 score built from five checks: savings rate, spending versus income, housing cost, debt load and, if you enter your savings, your emergency buffer. It is a guide, not financial advice.
What is the Cost of Living Index?
It compares the general price level of a country or city with New York City, which is set to 100. A city at 70 is roughly 30% cheaper. The calculator uses it to show what your budget would look like in another place.
Are the currency rates and inflation figures live?
No. They are indicative reference values that make the tool fast and private. You can edit the inflation rate and the conversion rate yourself at any time.
Can I compare two months or track my progress?
Yes. Save a snapshot each month, then open the Compare tab to see what changed. Saved snapshots also draw a trend line.
How does the debt payoff calculator work?
Enter each debt with its balance, interest rate and minimum payment, plus any extra amount you can pay. The tool compares the avalanche method (highest interest first), the snowball method (smallest balance first) and paying minimums only.
Can I export or print my results?
Yes. You can download a PDF report, an Excel file or a CSV file, print the report, or share a short summary. Amounts are left out of shared messages unless you choose to include them.
Can I keep separate budgets for different people?
Yes. Use profiles to keep, for example, a personal budget and a household budget side by side in the same browser.
This tool provides estimates for planning only. It is not financial, tax or legal advice.