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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Tyler looks like a financial upgrade — better income-to-cost ratio.
Tyler has a cost index of 92 vs 85 for Dayton. Tyler is 7 points more expensive overall. Monthly rent goes from $1,186 to $1,290 (+9%).
If you earn the Dayton median of $43,454, you would need approximately $47,033/year in Tyler to maintain equivalent purchasing power, based on the cost index difference of 7 points (8%).
Median rent in Dayton is $1,186/month. In Tyler it is $1,290/month — a difference of +$104 per month, or $1,248 per year.
Moving to Tyler looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $47,033/year in Tyler. The median income there is $65,527.
Estimated monthly essentials total $2,829 in Dayton vs $3,055 in Tyler — a difference of +$226/month (+$2,712/year).
The median home price in Tyler is $248,536 vs $133,852 in Dayton. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,257 in Tyler vs $677 in Dayton.