Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Surprise is roughly financially neutral — costs and incomes shift together.
Surprise has a cost index of 110 vs 134 for Concord. Surprise is 24 points cheaper overall. Monthly rent goes from $2,508 to $1,926 (-23%).
If you earn the Concord median of $109,195, you would need approximately $89,638/year in Surprise to maintain equivalent purchasing power, based on the cost index difference of 24 points (18%).
Median rent in Concord is $2,508/month. In Surprise it is $1,926/month — a difference of $582 per month, or $6,984 per year.
Moving to Surprise is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $89,638/year in Surprise. The median income there is $93,371.
Estimated monthly essentials total $5,014 in Concord vs $4,011 in Surprise — a difference of $1,003/month ($12,036/year).
The median home price in Surprise is $421,071 vs $729,153 in Concord. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,129 in Surprise vs $3,687 in Concord.