Phoenix, AZ Cost of Living


449 Reviews



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Phoenix cost of living score
113
More expensive
13.0% higher
than the US average
6.2% higher
than the Arizona average
Phoenix, Arizona gets a BestPlaces Cost of Living score of 113, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% higher than the U.S. average and 6.2% lower than the average for Arizona.

Phoenix, AZ

Housing costs in Phoenix?
A typical home costs $413,000, which is 22.2% more expensive than the national average of $338,100 and 1.4% more expensive than the average Arizona home, at $407,400. Renting a two-bedroom unit in Phoenix costs $1,770 per month, which is 23.8% more than the national average of $1,430 and 12.4% more than the state average of $1,550.

Can I afford Phoenix?
To live comfortably in Phoenix, Arizona, a minimum annual income of $79,200 for a family, and $59,600 for a single person is recommended.

What does A.I. say about Phoenix?
Phoenix, Arizona is a great place to live for those looking for a combination of affordability and exciting attractions. With a lower cost of living than most of the other cities in the United States, Phoenix offers plenty of housing options as well as reasonably priced groceries and transportation. Additionally, the area has become increasingly popular due to its many activities and cultural events - making it an ideal choice for anyone looking for an enjoyable lifestyle without breaking their budget.
   Cost of living score
     CategoriesPhoenixArizonaUnited States
  113.0106.4100.0
  97.396.1100
  92.597.3100.0
  118.6119.7100.0
  $413,000$407,400$338,100
  101.8%102.7%100.0%
  117.9107.0100.0
  105.793.7100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Phoenix
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As someone that has worked in Phoenix for close to 20 years now. There is great areas to eat at, great opportunities for premium small businesses to set up shop and even  More

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Phoenix is a city of potential and definitely has a bad reputation that is not completely deserved all throughout the city itself. There is tons of things to do, places  More

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Phoenix has tons of the best places to shop and eat at bar none due to it being the big city. Downtown is definitely underrated. There also is some nice new developments  More

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