Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Goodyear looks like a financial upgrade — better income-to-cost ratio.
Goodyear has a cost index of 110 vs 97 for Odessa. Goodyear is 13 points more expensive overall. Monthly rent goes from $1,612 to $1,767 (+10%).
If you earn the Odessa median of $73,030, you would need approximately $82,818/year in Goodyear to maintain equivalent purchasing power, based on the cost index difference of 13 points (13%).
Median rent in Odessa is $1,612/month. In Goodyear it is $1,767/month — a difference of +$155 per month, or $1,860 per year.
Moving to Goodyear looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $82,818/year in Goodyear. The median income there is $101,814.
Estimated monthly essentials total $3,463 in Odessa vs $3,847 in Goodyear — a difference of +$384/month (+$4,608/year).
The median home price in Goodyear is $469,121 vs $248,410 in Odessa. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,372 in Goodyear vs $1,256 in Odessa.