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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Odessa looks like a financial upgrade — better income-to-cost ratio.
Odessa has a cost index of 97 vs 104 for Nampa. Odessa is 7 points cheaper overall. Monthly rent goes from $1,561 to $1,612 (+3%).
If you earn the Nampa median of $72,122, you would need approximately $67,268/year in Odessa to maintain equivalent purchasing power, based on the cost index difference of 7 points (7%).
Median rent in Nampa is $1,561/month. In Odessa it is $1,612/month — a difference of +$51 per month, or $612 per year.
Moving to Odessa looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $67,268/year in Odessa. The median income there is $73,030.
Estimated monthly essentials total $3,532 in Nampa vs $3,463 in Odessa — a difference of $69/month ($828/year).
The median home price in Odessa is $248,410 vs $408,658 in Nampa. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,256 in Odessa vs $2,066 in Nampa.