Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Syracuse is a financial step down — higher costs without proportional income gain.
Syracuse has a cost index of 95 vs 110 for Surprise. Syracuse is 15 points cheaper overall. Monthly rent goes from $1,926 to $1,601 (-17%).
If you earn the Surprise median of $93,371, you would need approximately $80,639/year in Syracuse to maintain equivalent purchasing power, based on the cost index difference of 15 points (14%).
Median rent in Surprise is $1,926/month. In Syracuse it is $1,601/month — a difference of $325 per month, or $3,900 per year.
Moving to Syracuse is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $80,639/year in Syracuse. The median income there is $45,845.
Estimated monthly essentials total $4,011 in Surprise vs $3,417 in Syracuse — a difference of $594/month ($7,128/year).
The median home price in Syracuse is $204,630 vs $421,071 in Surprise. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,035 in Syracuse vs $2,129 in Surprise.