Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Waco looks like a financial upgrade — better income-to-cost ratio.
Waco has a cost index of 91 vs 85 for Dayton. Waco is 6 points more expensive overall. Monthly rent goes from $1,186 to $1,368 (+15%).
If you earn the Dayton median of $43,454, you would need approximately $46,521/year in Waco to maintain equivalent purchasing power, based on the cost index difference of 6 points (7%).
Median rent in Dayton is $1,186/month. In Waco it is $1,368/month — a difference of +$182 per month, or $2,184 per year.
Moving to Waco looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $46,521/year in Waco. The median income there is $51,468.
Estimated monthly essentials total $2,829 in Dayton vs $3,107 in Waco — a difference of +$278/month (+$3,336/year).
The median home price in Waco is $191,908 vs $133,852 in Dayton. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $970 in Waco vs $677 in Dayton.