Jordan should research about cost of living in each location , to determine how much money he will have to spend as he wished.
The cost of maintaining a certain standard of living is referred to as the cost of living. A cost of living index is frequently used to operationalize changes in the cost of living over time. Calculations of cost of living are also used to compare the cost of maintaining a certain standard of living in various geographic areas. Differences in cost of living can also be expressed in terms of purchasing power parity rates.
The cost of living is frequently used to compare the cost of living in one city versus another. Wages determine the cost of living. If expenses are higher in a city, such as New York, salary levels must be higher in order for people to afford to live there. People need more money to live in a expensive and big city whereas low money is required comparatively in smaller cities.
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