Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Beaumont is a financial step down — higher costs without proportional income gain.
Beaumont has a cost index of 88 vs 111 for Peoria. Beaumont is 23 points cheaper overall. Monthly rent goes from $1,821 to $1,275 (-30%).
If you earn the Peoria median of $93,403, you would need approximately $74,049/year in Beaumont to maintain equivalent purchasing power, based on the cost index difference of 23 points (21%).
Median rent in Peoria is $1,821/month. In Beaumont it is $1,275/month — a difference of $546 per month, or $6,552 per year.
Moving to Beaumont is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $74,049/year in Beaumont. The median income there is $57,530.
Estimated monthly essentials total $3,930 in Peoria vs $2,966 in Beaumont — a difference of $964/month ($11,568/year).
The median home price in Beaumont is $165,122 vs $485,361 in Peoria. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $835 in Beaumont vs $2,454 in Peoria.