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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 97 for Odessa. Dayton is 12 points cheaper overall. Monthly rent goes from $1,612 to $1,186 (-26%).
If you earn the Odessa median of $73,030, you would need approximately $63,995/year in Dayton to maintain equivalent purchasing power, based on the cost index difference of 12 points (12%).
Median rent in Odessa is $1,612/month. In Dayton it is $1,186/month — a difference of $426 per month, or $5,112 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 $63,995/year in Dayton. The median income there is $43,454.
Estimated monthly essentials total $3,463 in Odessa vs $2,829 in Dayton — a difference of $634/month ($7,608/year).
The median home price in Dayton is $133,852 vs $248,410 in Odessa. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $677 in Dayton vs $1,256 in Odessa.