It turns out the true cost of living is a little subjective. Correction (May 30, 2024): A previous version of this story misidentified the organization behind the cost of living index.

Cost of living index scores compare a certain area to the national average. There isn’t one federal index, and not every index calculates the cost of living the same, according to Investopedia.

But as you said, the cost of living isn't going up as fast as it was last year, and as Wurst and others told me, every little bit helps. MARTÍNEZ: Yeah. Absolutely.

Cost-of-living index scores compare a certain area to the national average. There isn’t one federal index, and not every index calculates the cost of living the same, according to Investopedia.

Annual inflation fell to 4.9% in April — the lowest it's been in two years — but prices are still climbing. A spike in used car prices contributed to last month's jump in the cost-of-living index.

A composite index of 100 for a city means its cost of living is equal to the national average. While four of those 10 places in Florida had scores above 100, the other six were below the national ...