Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Phoenix is roughly financially neutral — costs and incomes shift together.
Phoenix has a cost index of 104 vs 97 for Odessa. Phoenix is 7 points more expensive overall. Monthly rent goes from $1,612 to $1,556 (-3%).
If you earn the Odessa median of $73,030, you would need approximately $78,300/year in Phoenix to maintain equivalent purchasing power, based on the cost index difference of 7 points (7%).
Median rent in Odessa is $1,612/month. In Phoenix it is $1,556/month — a difference of $56 per month, or $672 per year.
Moving to Phoenix is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $78,300/year in Phoenix. The median income there is $77,041.
Estimated monthly essentials total $3,463 in Odessa vs $3,523 in Phoenix — a difference of +$60/month (+$720/year).
The median home price in Phoenix is $407,665 vs $248,410 in Odessa. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,061 in Phoenix vs $1,256 in Odessa.