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Crunching costs, sorting signals, rendering insights.
Moving to Peoria looks like a financial upgrade — better income-to-cost ratio.
Peoria has a cost index of 111 vs 85 for Dayton. Peoria is 26 points more expensive overall. Monthly rent goes from $1,186 to $1,821 (+54%).
If you earn the Dayton median of $43,454, you would need approximately $56,746/year in Peoria to maintain equivalent purchasing power, based on the cost index difference of 26 points (31%).
Median rent in Dayton is $1,186/month. In Peoria it is $1,821/month — a difference of +$635 per month, or $7,620 per year.
Moving to Peoria looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $56,746/year in Peoria. The median income there is $93,403.
Estimated monthly essentials total $2,829 in Dayton vs $3,930 in Peoria — a difference of +$1,101/month (+$13,212/year).
The median home price in Peoria is $485,361 vs $133,852 in Dayton. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,454 in Peoria vs $677 in Dayton.