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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Dayton is a financial step down — higher costs without proportional income gain.
Dayton has a cost index of 85 vs 97 for Houston. Dayton is 12 points cheaper overall. Monthly rent goes from $1,542 to $1,186 (-23%).
If you earn the Houston median of $62,894, you would need approximately $55,113/year in Dayton to maintain equivalent purchasing power, based on the cost index difference of 12 points (12%).
Median rent in Houston is $1,542/month. In Dayton it is $1,186/month — a difference of $356 per month, or $4,272 per year.
Moving to Dayton is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $55,113/year in Dayton. The median income there is $43,454.
Estimated monthly essentials total $3,393 in Houston vs $2,829 in Dayton — a difference of $564/month ($6,768/year).
The median home price in Dayton is $133,852 vs $261,976 in Houston. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $677 in Dayton vs $1,325 in Houston.