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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 121 for Kent. Dayton is 36 points cheaper overall. Monthly rent goes from $1,943 to $1,186 (-39%).
If you earn the Kent median of $90,416, you would need approximately $63,515/year in Dayton to maintain equivalent purchasing power, based on the cost index difference of 36 points (30%).
Median rent in Kent is $1,943/month. In Dayton it is $1,186/month — a difference of $757 per month, or $9,084 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 $63,515/year in Dayton. The median income there is $43,454.
Estimated monthly essentials total $4,214 in Kent vs $2,829 in Dayton — a difference of $1,385/month ($16,620/year).
The median home price in Dayton is $133,852 vs $646,049 in Kent. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $677 in Dayton vs $3,267 in Kent.