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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Fremont looks like a financial upgrade — better income-to-cost ratio.
Fremont has a cost index of 177 vs 110 for Surprise. Fremont is 67 points more expensive overall. Monthly rent goes from $1,926 to $3,012 (+56%).
If you earn the Surprise median of $93,371, you would need approximately $150,242/year in Fremont to maintain equivalent purchasing power, based on the cost index difference of 67 points (61%).
Median rent in Surprise is $1,926/month. In Fremont it is $3,012/month — a difference of +$1,086 per month, or $13,032 per year.
Moving to Fremont looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $150,242/year in Fremont. The median income there is $176,350.
Estimated monthly essentials total $4,011 in Surprise vs $6,288 in Fremont — a difference of +$2,277/month (+$27,324/year).
The median home price in Fremont is $1,511,226 vs $421,071 in Surprise. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $7,642 in Fremont vs $2,129 in Surprise.