Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Lexington is a financial step down — higher costs without proportional income gain.
Lexington has a cost index of 98 vs 110 for Surprise. Lexington is 12 points cheaper overall. Monthly rent goes from $1,926 to $1,487 (-23%).
If you earn the Surprise median of $93,371, you would need approximately $83,185/year in Lexington to maintain equivalent purchasing power, based on the cost index difference of 12 points (11%).
Median rent in Surprise is $1,926/month. In Lexington it is $1,487/month — a difference of $439 per month, or $5,268 per year.
Moving to Lexington is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $83,185/year in Lexington. The median income there is $67,631.
Estimated monthly essentials total $4,011 in Surprise vs $3,370 in Lexington — a difference of $641/month ($7,692/year).
The median home price in Lexington is $322,743 vs $421,071 in Surprise. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,632 in Lexington vs $2,129 in Surprise.