Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Boise is roughly financially neutral — costs and incomes shift together.
Boise has a cost index of 110 vs 97 for Odessa. Boise is 13 points more expensive overall. Monthly rent goes from $1,612 to $1,703 (+6%).
If you earn the Odessa median of $73,030, you would need approximately $82,818/year in Boise to maintain equivalent purchasing power, based on the cost index difference of 13 points (13%).
Median rent in Odessa is $1,612/month. In Boise it is $1,703/month — a difference of +$91 per month, or $1,092 per year.
Moving to Boise is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $82,818/year in Boise. The median income there is $81,308.
Estimated monthly essentials total $3,463 in Odessa vs $3,783 in Boise — a difference of +$320/month (+$3,840/year).
The median home price in Boise is $494,696 vs $248,410 in Odessa. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,501 in Boise vs $1,256 in Odessa.