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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Augusta is a financial step down — higher costs without proportional income gain.
Augusta has a cost index of 89 vs 97 for Odessa. Augusta is 8 points cheaper overall. Monthly rent goes from $1,612 to $1,321 (-18%).
If you earn the Odessa median of $73,030, you would need approximately $67,007/year in Augusta to maintain equivalent purchasing power, based on the cost index difference of 8 points (8%).
Median rent in Odessa is $1,612/month. In Augusta it is $1,321/month — a difference of $291 per month, or $3,492 per year.
Moving to Augusta is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $67,007/year in Augusta. The median income there is $53,134.
Estimated monthly essentials total $3,463 in Odessa vs $3,036 in Augusta — a difference of $427/month ($5,124/year).
The median home price in Augusta is $173,222 vs $248,410 in Odessa. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $876 in Augusta vs $1,256 in Odessa.