Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Abilene looks like a financial upgrade — better income-to-cost ratio.
Abilene has a cost index of 98 vs 85 for Dayton. Abilene is 13 points more expensive overall. Monthly rent goes from $1,186 to $1,758 (+48%).
If you earn the Dayton median of $43,454, you would need approximately $50,100/year in Abilene to maintain equivalent purchasing power, based on the cost index difference of 13 points (15%).
Median rent in Dayton is $1,186/month. In Abilene it is $1,758/month — a difference of +$572 per month, or $6,864 per year.
Moving to Abilene looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $50,100/year in Abilene. The median income there is $62,720.
Estimated monthly essentials total $2,829 in Dayton vs $3,623 in Abilene — a difference of +$794/month (+$9,528/year).
The median home price in Abilene is $206,199 vs $133,852 in Dayton. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,043 in Abilene vs $677 in Dayton.