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A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of goods and services, and allows for substitutions with other items as prices vary.

Alabama.Nebraska.Kansas. Cost of Living Index: 91.3.Indiana. Cost of Living Index: 90.7.Oklahoma. Cost of Living Index: 90.4. Kentucky. Cost of Living Index: 90.0. Tennessee. Cost of Living Index: 89.7.Mississippi. Cost of Living Index: 87.8.

The average price of a 7-day trip to Paris is $1,450 for a solo traveler, $2,604 for a couple, and $4,882 for a family of 4. Paris hotels range from $68 to $422 per night with an average of $120, while most vacation rentals will cost $210 to $490 per night for the entire home.

Cost of living, of course, depends on lifestyle. But in many ways Costa Rica is much more affordable than back home. A single person can live on between $1,400 and $1,700 a month.

Canada's after-tax monthly income is about $3,000 which totals around $36,000 per year. The U.S. sits just below Canada at approximately $2,942 per month, or roughly $35,300 per year. The real difference is seen in the cost of living. Finally, clothing is more expensive in Canada than in the United States.

Harlingen, Texas. As the tough economic times continue in the U.S., many people are looking to cut down on their expenses by moving to more affordable cities and towns.Memphis, Tenn. McAllen, Texas. Fayetteville, Ark.Ardmore, Okla.Temple, Texas.Ashland, Ohio.Conway, Ark.