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Maricopa County · Arizona · West · 1.6M residents

Phoenix, AZ: cost of living, taxes & quality of life

Residential facts for Phoenix: housing, taxes, monthly costs, climate, schools, and household income, with the Arizona median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: Curated city row; coverage varies by fact.

The median home value in Phoenix is $450,000, 17% above the Arizona median. A two-bedroom rents for about $1,700/mo. Day-to-day costs index at 103 against a national baseline of 100. The median household here earns $72,000 a year.

What the numbers show

Source-confirmed findings

Limited coverage: This profile does not yet have enough source-confirmed local data for a city brief.

This profile does not yet have enough source-confirmed local data for a city brief.

Source: U.S. Census Bureau, 2024 American Community Survey 5-year estimates(2024 ACS 5-year; tables B01003, B15003, B19013, B25077). Geography: Census place where available. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

WhereToHQ calculates the comparisons. Figures are estimates for context, not a guarantee or personal financial advice. Read the methodology or send a correction.

What makes this place distinctive

A factual snapshot of the place, based on the profile data. It is not a tourism or cultural claim.

A desert metropolis that makes room for art, baseball, and wide-open mountain horizons.

Known for: Sonoran Desert landscapes, spring training, Southwestern food, and a growing arts scene.

Calendar note: The official visitor guide centers spring training, arts events, and desert outdoor traditions.

Story source: Visit Phoenix

  • Scale: A major population center with more than one million residents in the profile data.
  • Setting: The profile places Phoenix about 34 miles from the nearest tracked mountain.
  • Climate signal: The profile records 299 sunny days.
  • Daily pace: The profile records a walk score of 41 and an average commute of 27 minutes.

WhereToHQ derives these signals from the committed city dataset. Read the methodology for coverage and source limits.

Compare Phoenix side by side

Cost of living index

103

≈ US median

Median home value

$450,000

+17% vs state mediancheaper than 34% of US cities

2-bedroom rent

$1,700/mo

cheaper than 38% of US cities

Median household income

$72,000

5.6% vs state medianhigher than 37% of US cities

Housing momentum

How fast Phoenix's housing market is moving, ranked against the US cities we track.

16/100

Cooling

Home prices YoY: -2.3% (bottom 14%)Rents YoY: -0.8% (bottom 11%)Home prices MoM: -0.4% (bottom 16%)
Momentum slowing · 16 over 2 yr

Ranks Phoenix's home-price and rent growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. Not investment or relocation advice.

$a year

Adjusted by Phoenix's cost-of-living index versus the US average.

All facets · Phoenix
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Real listings in Phoenix

Homes on ZillowRealtor.comRentals on ZillowApartments.com

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
What is the cost of living in Phoenix, AZ?
Phoenix indexes at 103 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,700/mo and a median home value of $450,000.
How much does a house cost in Phoenix?
The median home value in Phoenix is $450,000, 17% above the Arizona median (compiled estimate; individual listings vary).
How much is rent in Phoenix?
A two-bedroom in Phoenix rents for about $1,700/mo.