Most people don't know where they stand financially. You might earn $75,000 and wonder: "Am I doing well? Can I afford to live in this city? When can I retire?" Traditional financial advice is generic and doesn't account for your specific location, income, and life situation.
Lifebex gives you a clear, data-driven picture of your financial reality. We combine income rankings, cost of living analysis, and personalized financial metrics to show you exactly where you stand—and how to improve.
We compare your household income to others in your city, state, and nationally using the latest IRS and Census data. This shows you where you truly stand among your peers.
Data Sources:
We calculate your actual living costs based on your location and household size using Bureau of Labor Statistics data.
What We Include:
We analyze 6 key metrics to give you a complete financial picture and an overall score from 0-100.
6 Key Metrics:
Six powerful metrics that reveal your complete financial picture
How your income compares to others in your area
Calculation:
Average of city, state, and national percentiles
What it means:
Higher score = You earn more than your peers
How much of your income goes to living costs
Calculation:
Living costs as percentage of after-tax income
What it means:
Lower costs = More efficient spending
How quickly you can build wealth
Calculation:
Savings potential divided by after-tax income
What it means:
Higher score = Faster wealth building
How you compare to your age group nationally
Calculation:
Income percentile within your age bracket
What it means:
Higher score = Outperforming your generation
Your discretionary income after essentials
Calculation:
After-tax income minus basic living costs
What it means:
Higher score = More financial freedom
Years until financial independence (FIRE)
Calculation:
Based on 25x annual expenses rule
What it means:
Higher score = Closer to financial freedom
We combine these 6 metrics into a single score (0-100) and give you one of four ratings
Focus on fundamentals for financial growth
Building financial strength with key areas to improve
Good foundation with growth opportunities
Excellent financial health
We use only official government data to ensure accuracy and reliability
Internal Revenue Service Statistics of Income
Coverage: 126,000+ records across 14,000+ cities
Includes: Adjusted Gross Income (AGI) by income bracket
Updated: Latest available data from IRS
U.S. Census Bureau
Coverage: 500,000+ records across 31,000+ cities
Includes: Household income distributions
Updated: Latest available data from Census Bureau
Bureau of Labor Statistics
Coverage: National baseline spending by category
Includes: All major expense categories
Updated: Latest available data from BLS
Bureau of Labor Statistics
Coverage: 28 major metro areas + 4 regional averages
Includes: Price indices for 6 expense categories
Updated: Latest available monthly data from BLS
Special Note on CPI Base Years: Some cities use different CPI base years. We convert all data to the standard 1982-84=100 base for accurate comparisons:
We estimate federal and state income taxes using current tax brackets, state-specific rates, standard deductions, and FICA (Social Security & Medicare). Tax estimates are approximate. Consult a tax professional for precise calculations.