Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Hampton looks like a financial upgrade — better income-to-cost ratio.
Hampton has a cost index of 98 vs 144 for Santa Ana. Hampton is 46 points cheaper overall. Monthly rent goes from $2,804 to $1,587 (-43%).
If you earn the Santa Ana median of $88,354, you would need approximately $60,130/year in Hampton to maintain equivalent purchasing power, based on the cost index difference of 46 points (32%).
Median rent in Santa Ana is $2,804/month. In Hampton it is $1,587/month — a difference of $1,217 per month, or $14,604 per year.
Moving to Hampton looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $60,130/year in Hampton. The median income there is $67,758.
Estimated monthly essentials total $5,483 in Santa Ana vs $3,457 in Hampton — a difference of $2,026/month ($24,312/year).
The median home price in Hampton is $272,161 vs $847,509 in Santa Ana. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,376 in Hampton vs $4,285 in Santa Ana.