Executive transfers, living costs

Of the 30 areas to which corporations most often transfer employees, Anaheim and Santa Ana, Calif., have the highest cost-of-living composite. In both areas , a middle-management executive family of four would need an income of $45,510 to maintain a middle-level standard of living, according to Employee Transfer Corporation, a Chicago-based relocation company.

Birmingham, Ala., was ranked the least expensive, with an estimated cost of living composite of $28,407.

Income estimates are based on a composite of several indexes that analyze housing, transportation, taxation, and other living costs. The composite measures living costs based on the needs of an executive now earnings $33,500, with a nonworking spouse and two children aged 8 and 14.

The highest cost-of-living areas, after Anaheim and Santa Ana, were New York; Stamford, Conn.; Washington; Boston; and Los Angeles. The amount of income needed by the middle-management executive transferred to these cities in the fourth quarter 1980 ranged between $34,533 in Los Angeles and $39,649 in New York.

At the low end of the scale, after Birmingham, were Columbus, Ohio; Houston; Louisville, Ky.; and Tampa-St. Petersburg, Fla. Income requirements in these cities ranged between $28,417 in Columbus and $28,997 in Tampa-St. Petersburg.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK