Cost of Living in Phoenix, AZ
| Cost of Living in Phoenix, AZ | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 6% higher | 13% higher |
| Utilities (Monthly) | 2% higher | 6% higher |
| Food | 2% lower | 1% lower |
| Healthcare | 7% lower | 9% lower |
| Transportation | 5% higher | 6% higher |
| Goods & Services | 4% lower | 4% lower |
The cost of living in Phoenix, AZ is 0% than the state average and 3% higher than the national average. Phoenix, AZ housing is 13% more expensive than the U.S average, while utilities are about 6% pricier. When it comes to basic necessities such as food and clothing, groceries are around 4% less in Phoenix, AZ than in the rest of the country, while clothing costs around 4% less .
Healthcare services such as doctor check-ups and dentistry cost 9% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 4% cheaper in Phoenix, AZ.
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Phoenix is $1,547, while home prices circle around $362,738.
- Studio-2 Beds
- 1-2 Baths
- 523 - 1,288 Sq.Ft.
Roosevelt Square
121 West Portland Street, Phoenix, AZ 85003
- 1-3 Beds
- 1-2 Baths
- 649 - 1,180 Sq.Ft.
Boulders At Lookout Mountain
110 East Greenway Parkway, Phoenix, AZ 85022
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- Studio-3 Beds
- 2 Baths
- 470 - 1,170 Sq.Ft.
Seventh Apartments
5145 N 7Th Street, Phoenix, AZ 85014&cropxunits=300&cropyunits=400&width=350&quality=80)
- 2-3 Beds
- 1-2 Baths
- 865 - 1,305 Sq.Ft.
Urban 148
1609 W Glendale Avenue, Phoenix, AZ 85021
- 1-3 Beds
- 1-2 Baths
- 725 - 1,200 Sq.Ft.
Arcadia Cove
2252 N 44Th St, Phoenix, AZ 85008&cropxunits=300&cropyunits=200&width=350&quality=80)
- Studio-2 Beds
- 1-2 Baths
- 524 - 1,111 Sq.Ft.
Elevation On Central
4650 N. Central Avenue, Phoenix, AZ 85012&cropxunits=300&cropyunits=200&width=350&quality=80)
- Studio-3 Beds
- 1-2 Baths
- 579 - 1,407 Sq.Ft.
Residences At FortyTwo25
4225 East Mcdowell Road, Phoenix, AZ 85008
- 1-3 Beds
- 1-2 Baths
- 624 - 1,147 Sq.Ft.
Crestone At Shadow Mountain
3033 E Thunderbird Rd., Phoenix, AZ 85032Utilities (Monthly)
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Phoenix, energy bills cost around $190.91 per month.
Food
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $1.69 in Phoenix, a dozen eggs go for around $1.68 and a pound of potatoes circles around $3.16.
Healthcare
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Phoenix, an optometry check-up costs around $104.54, while a dentist appointment is priced $91.38 on average.
Transportation
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.54 in Phoenix, while getting your tires balanced will run you about $49.50.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $28.76 here. Meanwhile, a pair of women's slacks will set you back around $22.72.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Phoenix, you should budget around $9.66 a month. When it comes to personal services, a haircut usually goes for $18.42, while dry cleaning costs about $11.48.
Income
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Phoenix, the median household income is $60,914.