Phoenix cost of living
Cost of living in the city of Phoenix
Phoenix-Mesa-Chandler, AZ had 5,186,958 people in the Census Vintage 2024 estimates. The HUD area used for rent is Phoenix-Mesa-Chandler, AZ MSA. The 2024 all-items regional price parity is 103.3, where the U.S. average is 100.
2-bedroom Fair Market Rent
$1,734
FY 2027, principal HUD area
Median gross rent
$1,819
ACS 2024 1-year
Goods prices
95.0
BEA goods RPP, 2024
Utilities prices
93.3
BEA utilities RPP, 2024
Mean commute
27.6 minutes
ACS S0801, workers who did not work from home
Median household income
$90,133
ACS 2024, 2024 dollars
Median real estate taxes divided by median home value in this metro are 0.40%. Childcare prices are not in the verified dataset.
Benefits in Arizona
Benefit rules in this tool follow the state, not the city. SNAP in Arizona · Medicaid · Arizona overview
Related comparisons
From Phoenix
The eight largest 2-bedroom Fair Market Rent gaps from Phoenix.
- Phoenix and San Francisco · rent gap $1,963
- Phoenix and San Jose · rent gap $1,538
- Phoenix and Boston · rent gap $1,274
- Phoenix and New York · rent gap $1,237
- Phoenix and Los Angeles · rent gap $1,230
- Phoenix and San Diego · rent gap $1,089
- Phoenix and Miami · rent gap $830
- Phoenix and Seattle · rent gap $815
Nearby metros
Next in the population ranking: Philadelphia, Boston, Riverside