Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Lowell is a financial step down — higher costs without proportional income gain.
Lowell has a cost index of 118 vs 97 for Odessa. Lowell is 21 points more expensive overall. Monthly rent goes from $1,612 to $2,262 (+40%).
If you earn the Odessa median of $73,030, you would need approximately $88,841/year in Lowell to maintain equivalent purchasing power, based on the cost index difference of 21 points (22%).
Median rent in Odessa is $1,612/month. In Lowell it is $2,262/month — a difference of +$650 per month, or $7,800 per year.
Moving to Lowell is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $88,841/year in Lowell. The median income there is $76,205.
Estimated monthly essentials total $3,463 in Odessa vs $4,478 in Lowell — a difference of +$1,015/month (+$12,180/year).
The median home price in Lowell is $471,792 vs $248,410 in Odessa. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,386 in Lowell vs $1,256 in Odessa.