Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Austin looks like a financial upgrade — better income-to-cost ratio.
Austin has a cost index of 107 vs 162 for Orange. Austin is 55 points cheaper overall. Monthly rent goes from $3,200 to $1,531 (-52%).
If you earn the Orange median of $116,945, you would need approximately $77,241/year in Austin to maintain equivalent purchasing power, based on the cost index difference of 55 points (34%).
Median rent in Orange is $3,200/month. In Austin it is $1,531/month — a difference of $1,669 per month, or $20,028 per year.
Moving to Austin looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $77,241/year in Austin. The median income there is $91,461.
Estimated monthly essentials total $6,207 in Orange vs $3,570 in Austin — a difference of $2,637/month ($31,644/year).
The median home price in Austin is $500,627 vs $1,113,823 in Orange. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,531 in Austin vs $5,632 in Orange.