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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 98 for Lexington. Dayton is 13 points cheaper overall. Monthly rent goes from $1,487 to $1,186 (-20%).
If you earn the Lexington median of $67,631, you would need approximately $58,660/year in Dayton to maintain equivalent purchasing power, based on the cost index difference of 13 points (13%).
Median rent in Lexington is $1,487/month. In Dayton it is $1,186/month — a difference of $301 per month, or $3,612 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 $58,660/year in Dayton. The median income there is $43,454.
Estimated monthly essentials total $3,370 in Lexington vs $2,829 in Dayton — a difference of $541/month ($6,492/year).
The median home price in Dayton is $133,852 vs $322,743 in Lexington. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $677 in Dayton vs $1,632 in Lexington.