I am trying to develop a framework that a person can use to help them decide where to live. The idea is to assign a dollar value to various attributes (e.g. work opportunities, cost of living, climate, access to parks and recreational facilities, pollution) of each potential location, and sum all the benefits and costs. (This question is obviously subjective, but the goal is to bring some objectivity to the parts that can be quantified.)
Is there a name for the theory of how to assign dollar values to intangible costs and benefits? Is there a place I could go (textbook, website, journal) to learn more about this theory?
For example, you can set up some upper / lower bounds on the dollar value that someone assigns to something based on their stated preferences. An individual can establish these bounds through thought experiments of the form "would I rather have bundle X or bundle Y".