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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Beaumont is a financial step down — higher costs without proportional income gain.
Beaumont has a cost index of 88 vs 104 for Phoenix. Beaumont is 16 points cheaper overall. Monthly rent goes from $1,556 to $1,275 (-18%).
If you earn the Phoenix median of $77,041, you would need approximately $65,189/year in Beaumont to maintain equivalent purchasing power, based on the cost index difference of 16 points (15%).
Median rent in Phoenix is $1,556/month. In Beaumont it is $1,275/month — a difference of $281 per month, or $3,372 per year.
Moving to Beaumont is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $65,189/year in Beaumont. The median income there is $57,530.
Estimated monthly essentials total $3,523 in Phoenix vs $2,966 in Beaumont — a difference of $557/month ($6,684/year).
The median home price in Beaumont is $165,122 vs $407,665 in Phoenix. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $835 in Beaumont vs $2,061 in Phoenix.