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Crunching costs, sorting signals, rendering insights.
Moving to Boise looks like a financial upgrade — better income-to-cost ratio.
Boise has a cost index of 110 vs 95 for Syracuse. Boise is 15 points more expensive overall. Monthly rent goes from $1,601 to $1,703 (+6%).
If you earn the Syracuse median of $45,845, you would need approximately $53,084/year in Boise to maintain equivalent purchasing power, based on the cost index difference of 15 points (16%).
Median rent in Syracuse is $1,601/month. In Boise it is $1,703/month — a difference of +$102 per month, or $1,224 per year.
Moving to Boise looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $53,084/year in Boise. The median income there is $81,308.
Estimated monthly essentials total $3,417 in Syracuse vs $3,783 in Boise — a difference of +$366/month (+$4,392/year).
The median home price in Boise is $494,696 vs $204,630 in Syracuse. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $2,501 in Boise vs $1,035 in Syracuse.