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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Cost difference, salary adjustment needed, rent comparison, and financial impact of this move.
Moving to Odessa is roughly financially neutral — costs and incomes shift together.
Odessa has a cost index of 94 vs 98 for Tempe. Odessa is 4 points cheaper overall. Monthly rent goes from $1,679 to $1,612 (-4%).
If you earn the Tempe median of $77,643, you would need approximately $74,474/year in Odessa to maintain equivalent purchasing power, based on the cost index difference of 4 points (4%).
Median rent in Tempe is $1,679/month. In Odessa it is $1,612/month — a difference of $67 per month, or $804 per year.
Moving to Odessa is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $74,474/year in Odessa. The median income there is $73,030.