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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Dayton is a financial step down — higher costs without proportional income gain.
Dayton has a cost index of 85 vs 92 for Tyler. Dayton is 7 points cheaper overall. Monthly rent goes from $1,290 to $1,186 (-8%).
If you earn the Tyler median of $65,527, you would need approximately $60,541/year in Dayton to maintain equivalent purchasing power, based on the cost index difference of 7 points (8%).
Median rent in Tyler is $1,290/month. In Dayton it is $1,186/month — a difference of $104 per month, or $1,248 per year.
Moving to Dayton is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $60,541/year in Dayton. The median income there is $43,454.
Estimated monthly essentials total $3,055 in Tyler vs $2,829 in Dayton — a difference of $226/month ($2,712/year).
The median home price in Dayton is $133,852 vs $248,536 in Tyler. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $677 in Dayton vs $1,257 in Tyler.