Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to El Paso is a financial step down — higher costs without proportional income gain.
El Paso has a cost index of 94 vs 110 for Surprise. El Paso is 16 points cheaper overall. Monthly rent goes from $1,926 to $1,441 (-25%).
If you earn the Surprise median of $93,371, you would need approximately $79,790/year in El Paso to maintain equivalent purchasing power, based on the cost index difference of 16 points (15%).
Median rent in Surprise is $1,926/month. In El Paso it is $1,441/month — a difference of $485 per month, or $5,820 per year.
Moving to El Paso is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $79,790/year in El Paso. The median income there is $58,734.
Estimated monthly essentials total $4,011 in Surprise vs $3,234 in El Paso — a difference of $777/month ($9,324/year).
The median home price in El Paso is $231,886 vs $421,071 in Surprise. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,173 in El Paso vs $2,129 in Surprise.