Cost of living, Phoenix
103.3
BEA Regional Price Parity vs US average of 100 (2024). Phoenix sits about 3.3% above national prices.
BLS OEWS median, May 2025, as of May 15, 2026. BEA RPP all-items, 2024. Disclaimer
- vs US
- +3.3%
- Metro
- Phoenix
- CBSA
- 38060
Phoenix all-items RPP is 103.3 (2024), about 3.3% above US-average prices. A $90,000 salary at national prices maps to about $92,970 here for equal purchasing power.
Price components in Phoenix
| Component | Phoenix | US |
|---|---|---|
| All items | 103.3 | 100 |
| Goods | 95.0 | 100 |
| Housing (rents) | 121.2 | 100 |
| Other services | 104.0 | 100 |
BEA Regional Price Parities 2024, US = 100.
What a US-average salary buys in Phoenix
| At US average | In Phoenix |
|---|---|
| $60,000 | $61,980 |
| $90,000 | $92,970 |
| $150,000 | $154,950 |
Local equivalent = national salary × (103.3 ÷ 100). BEA RPP 2024.
Top wages here
FAQ
- What is the cost of living in Phoenix?
- The BEA Regional Price Parity (all items, 2024) for Phoenix-Mesa-Chandler, AZ is 103.3, versus a US average of 100 (+3.3%).
- How is RPP different from CPI?
- CPI tracks price change over time. RPP compares price levels across places in a given year versus the national average of 100. PayByCity uses RPP for cross-metro purchasing power, including goods, housing rents, and other services components.
- How should I use this with OEWS wages?
- Pair local BLS OEWS medians (May 2025) with this RPP. A $90,000 salary at US-average prices maps to about $92,970 in Phoenix for equal purchasing power.
- Does this include taxes or housing alone?
- No. All-items RPP is a broad price-level index. Component indexes show goods, rents, and other services separately, but this is not a rent quote, tax estimate, or household budget.
What this covers
Includes
- BEA Regional Price Parities (all items, goods, housing rents, other services)
- BLS OEWS median wages, percentile bands, and employment where published
- Purchasing-power math: salary × (destination RPP ÷ origin RPP)
Does not include
- Federal, state, or local income taxes
- Childcare, healthcare premiums, or leave benefits
- Job openings. OEWS employment is a published stock estimate, not hiring demand
Highest wages here
- Computer and Information Systems Managers , 11,510 OEWS emp. $169,720
- Architectural and Engineering Managers , 3,250 OEWS emp. $169,310
- Sales Managers , 11,210 OEWS emp. $148,320
- Financial Managers , 12,030 OEWS emp. $145,940
- Human Resources Managers , 3,160 OEWS emp. $145,610
- Pharmacists , 5,050 OEWS emp. $144,490
See methodology and disclaimer.