Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Beaumont looks like a financial upgrade — better income-to-cost ratio.
Beaumont has a cost index of 88 vs 97 for Tucson. Beaumont is 9 points cheaper overall. Monthly rent goes from $1,399 to $1,275 (-9%).
If you earn the Tucson median of $54,546, you would need approximately $49,485/year in Beaumont to maintain equivalent purchasing power, based on the cost index difference of 9 points (9%).
Median rent in Tucson is $1,399/month. In Beaumont it is $1,275/month — a difference of $124 per month, or $1,488 per year.
Moving to Beaumont looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $49,485/year in Beaumont. The median income there is $57,530.
Estimated monthly essentials total $3,250 in Tucson vs $2,966 in Beaumont — a difference of $284/month ($3,408/year).
The median home price in Beaumont is $165,122 vs $321,688 in Tucson. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $835 in Beaumont vs $1,627 in Tucson.