The Salary Index

Salary Comparison

Derrick Operators: Dearborn vs Hoboken

Side-by-side salary, take-home pay, cost of living, and lifestyle score.

Best Value

Dearborn, MI

$59,805/yr

Take-home$3,638/mo
Disposable$1,514/mo
Lifestyle6/10 ยท Moderate

Hoboken, NJ

$70,452/yr

Take-home$4,286/mo
Disposable$451/mo
Lifestyle4/10 ยท Tight
๐Ÿ†

Our recommendation: Dearborn, MI

Dearborn offers $1,063 more per month in disposable income, giving a stronger financial outcome despite a lower gross salary.

Full Breakdown

Dearborn

Hoboken

Diff (Aโˆ’B)

Annual Gross Salary

$59,805

$70,452

$10,647

A vs B

Monthly Take-Home

After estimated federal + state taxes

$3,638

$4,286

$648

A vs B

Cost of Living Index

Lower is more affordable. US avg = 100

82

148

-66 pts

A vs B

Monthly Living Costs

Housing, food, transport, utilities, healthcare

$2,124

$3,835

$1,711

A vs B

Monthly Rent

$1,222

$2,206

$984

A vs B

Monthly Disposable

$1,514

$451

+$1,063

A vs B

Purchasing Power Score

Take-home รท living costs. Higher is better

1.71ร—

1.12ร—

+0.59ร—

A vs B

Lifestyle Score

6/10 (Moderate)

4/10 (Tight)

+2

A vs B

Salary estimates based on BLS metro data. Cost of living from regional price indices. All figures are estimates; verify with employers before making decisions.