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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Dayton is a financial step down — higher costs without proportional income gain.
Dayton has a cost index of 85 vs 115 for Sparks. Dayton is 30 points cheaper overall. Monthly rent goes from $1,967 to $1,186 (-40%).
If you earn the Sparks median of $86,979, you would need approximately $64,289/year in Dayton to maintain equivalent purchasing power, based on the cost index difference of 30 points (26%).
Median rent in Sparks is $1,967/month. In Dayton it is $1,186/month — a difference of $781 per month, or $9,372 per year.
Moving to Dayton is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $64,289/year in Dayton. The median income there is $43,454.
Estimated monthly essentials total $4,147 in Sparks vs $2,829 in Dayton — a difference of $1,318/month ($15,816/year).
The median home price in Dayton is $133,852 vs $523,431 in Sparks. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $677 in Dayton vs $2,647 in Sparks.