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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Surprise looks like a financial upgrade — better income-to-cost ratio.
Surprise has a cost index of 110 vs 107 for Orlando. Surprise is 3 points more expensive overall. Monthly rent goes from $1,857 to $1,926 (+4%).
If you earn the Orlando median of $69,268, you would need approximately $71,210/year in Surprise to maintain equivalent purchasing power, based on the cost index difference of 3 points (3%).
Median rent in Orlando is $1,857/month. In Surprise it is $1,926/month — a difference of +$69 per month, or $828 per year.
Moving to Surprise looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $71,210/year in Surprise. The median income there is $93,371.
Estimated monthly essentials total $3,883 in Orlando vs $4,011 in Surprise — a difference of +$128/month (+$1,536/year).
The median home price in Surprise is $421,071 vs $370,828 in Orlando. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,129 in Surprise vs $1,875 in Orlando.