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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 114 for Worcester. Dayton is 29 points cheaper overall. Monthly rent goes from $2,150 to $1,186 (-45%).
If you earn the Worcester median of $67,544, you would need approximately $50,362/year in Dayton to maintain equivalent purchasing power, based on the cost index difference of 29 points (25%).
Median rent in Worcester is $2,150/month. In Dayton it is $1,186/month — a difference of $964 per month, or $11,568 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 $50,362/year in Dayton. The median income there is $43,454.
Estimated monthly essentials total $4,303 in Worcester vs $2,829 in Dayton — a difference of $1,474/month ($17,688/year).
The median home price in Dayton is $133,852 vs $423,326 in Worcester. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $677 in Dayton vs $2,141 in Worcester.