Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Odessa is roughly financially neutral — costs and incomes shift together.
Odessa has a cost index of 97 vs 97 for St Paul. Both cities have the same overall cost index. Monthly rent goes from $1,485 to $1,612 (+9%).
If you earn the St Paul median of $73,055, you would need approximately $73,055/year in Odessa to maintain equivalent purchasing power, based on the cost index difference of 0 points (0%).
Median rent in St Paul is $1,485/month. In Odessa it is $1,612/month — a difference of +$127 per month, or $1,524 per year.
Moving to Odessa is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $73,055/year in Odessa. The median income there is $73,030.
Estimated monthly essentials total $3,336 in St Paul vs $3,463 in Odessa — a difference of +$127/month (+$1,524/year).
The median home price in Odessa is $248,410 vs $289,137 in St Paul. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,256 in Odessa vs $1,462 in St Paul.