The US Family Budget Dataset provides insights into the cost of living in different US counties based on the Family Budget Calculator by the Economic Policy Institute (EPI).

This dataset offers community-specific estimates for ten family types, including one or two adults with zero to four children, in all 1877 counties and metro areas across the United States.

Interesting Task Ideas:

1. See how family budgets compare to the federal poverty line and the Supplemental Poverty Measure in different counties.
2. Look into the money challenges faced by different types of families using the budgets provided.
3. Find out which counties have the most affordable places to live, food, transportation, healthcare, childcare, and other things people need.
4. Explore how the average income of families relates to the overall cost of living in different counties.
5. Investigate how family size affects the estimated budget and find counties where bigger families have higher costs.
6. Create visuals showing how the cost of living varies across different states and big cities.
7. Check whether specific counties are affordable for families of different sizes and types.
8. Use the dataset to compare living standards and economic security in different US counties.

If you find this dataset valuable, don't forget to hit the upvote button! 😊💝

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In 2025, the Consumer Price Index (CPI) for medical professional services in the United States was at 432.46, compared to the period from 1982 to 1984 (=100). The CPI for hospital services was at 1,102.12.

West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

Cost of Living Index by Country, 2024 Mid Year data Data scraped from Numbeo: www.numbeo.com/cost-of-living/rankings_by_country.jsp All credits to Numbeo: www.numbeo.com/cost-of-living/

An index of 100 reflects the same living cost as in New York City, United States. As of 2024 Mid Year data, in NYC, A family of four estimated monthly costs are $6,074.40 without rent. A single person's estimated monthly costs are $1,640.90 without rent.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Lake County, IL (MWACL17097) from 2009 to 2023 about Lake County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

"Cost of living and purchasing power related to average income

We adjusted the average cost of living inside the USA (based on 2021 and 2022) to an index of 100. All other countries are related to this index. Therefore with an index of e.g. 80, the usual expenses in another country are 20% less then in the United States.

The monthly income (please do not confuse this with a wage or salary) is calculated from the gross national income per capita.

The calculated purchasing power index is again based on a value of 100 for the United States. If it is higher, people can afford more based on the cost of living in relation to income. If it is lower, the population is less wealthy.

The example of Switzerland: With a cost of living index of 142 all goods are on average about 42% more expensive than in the USA. But the average income in Switzerland of 7,550 USD is also 28% higher, which means that citizens can also afford more goods. Now you calculate the 42% higher costs against the 28% higher income. In the result, people in Switzerland can afford about 10 percent less than a US citizen."

Source: https://www.worlddata.info/cost-of-living.php

The Consumer Sentiment Index in the United States stood at 51 in November 2025. This reflected a drop of 2.6 point from the previous survey. Furthermore, this was its lowest level measured since June 2022. The index is normalized to a value of 100 in December 1964 and based on a monthly survey of consumers, conducted in the continental United States. It consists of about 50 core questions which cover consumers' assessments of their personal financial situation, their buying attitudes and overall economic conditions.

This collection contains data obtained from families of wage earners or salaried workers in industrial locales scattered throughout the United States. The purpose of the survey was to estimate the cost of living of a "typical" American family. The completed questionnaires contain information about income sources and family expenditures including specific quantities and costs of food, housing, clothing, fuel, furniture, and miscellaneous household items for the calendar year. Demographic characteristics recorded for each household member include relationship to head, age, sex, occupation, weeks spent in the household and employed, wage rate, and total earnings.

Cost of Living Index (Excl. Rent) is a relative indicator of consumer goods prices, including groceries, restaurants, transportation and utilities. Cost of Living Index does not include accommodation expenses such as rent or mortgage. If a city has a Cost of Living Index of 120, it means Numbeo has estimated it is 20% more expensive than New York (excluding rent).

Please refer further to: https://www.numbeo.com/cost-of-living/cpi_explained.jsp for motivation and methodology.

All credits to https://www.numbeo.com .

This dataset would surely help socio-economic researchers to analyse and get deeper insights regarding the life of people country-wise.

Thanks to @andradaolteanu for the motivation! Upwards and onwards...

Thumbnail Image by macrovector_official on Freepik

Missouri Economic Research and Information Center (MERIC) derives the cost of living index for each state by averaging the indices of participating cities and metropolitan areas in that state.

In general, the most expensive areas to live were Hawaii, Alaska, the Northeast, and the West Coast. The least expensive areas were the Midwest and Southern states.

Cities across the nation participate in the Council for Community & Economic Research (C2ER) survey on a volunteer basis. Price information in the survey is governed by C2ER collection guidelines which strive for uniformity.

The entries for Ontario, British Columbia, and Remote were added manually for my use case.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for New York County, NY (MWACL36061) from 2009 to 2023 about New York County, NY; adjusted; New York; average; NY; wages; real; and USA.

Dataset

This dataset was created by John Trixie Ocampo

Released under Apache 2.0

Contents

We adjust SNAP maximum allotments, deductions, and income eligibility standards at the beginning of each Federal fiscal year. The changes are based on changes in the cost of living. COLAs take effect on October 1 each year. Maximum allotments are calculated from the cost of a market basket based on the Thrifty Food Plan for a family of four, priced in June that year. The maximum allotments for households larger and smaller than four persons are determined using formulas that account for economies of scale. Smaller households get slightly more per person than the four-person household. Larger households get slightly less. Income eligibility standards are set by law. Gross monthly income limits are set at 130 percent of the poverty level for the household size. Net monthly income limits are set at 100 percent of poverty.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Davidson County, NC (MWACL37057) from 2009 to 2023 about Davidson County, NC; adjusted; NC; average; wages; real; and USA.

The average for 2021 based on 165 countries was 79.81 index points. The highest value was in Bermuda: 212.7 index points and the lowest value was in Syria: 33.25 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Denver County, CO (MWACL08031) from 2009 to 2023 about Denver County, CO; Denver; adjusted; CO; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Salt Lake County, UT (MWACL49035) from 2009 to 2023 about Salt Lake County, UT; Salt Lake City; UT; adjusted; average; wages; real; and USA.

Zurich, Lausanne, and Geneva were ranked as the most expensive cities worldwide with indices of ************************ Almost half of the 11 most expensive cities were in Switzerland.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Ada County, ID (MWACL16001) from 2009 to 2023 about Ada County, ID; Boise City; ID; adjusted; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for St. Louis County, MO (MWACL29189) from 2009 to 2023 about St. Louis County, MO; St. Louis; adjusted; MO; average; wages; real; and USA.