Phoenix is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Phoenix to live the same way.
🏠 Rent per month
$2,806
$1,893
🛏️ 2-bedroom rent
$2,016
$1,729
💵 Families earn per year
$86,801
$87,717
🔑 Buying a house
$777,600
$420,700
📊 Overall prices (U.S. = 100)
112.6
103.3
🏛️ Property tax per year
$6,547
$1,850
⚡ Electric bill per month
$132
$181
👥 People living there
8,483,844
1,642,323
Commute to work
40.3 min
25.6 min
College degree
41.6%
33.6%
Own their home
32.8%
57.3%
Below poverty line
17.9%
13.7%
Unemployment
8%
5%
Bottom line
- Pick New York for a more educated workforce.
- Pick Phoenix for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
Pay for the same job
| Job | New York | Phoenix | Difference |
|---|---|---|---|
| Firefighter | $106,420 | $61,780 | -42% in Phoenix |
| Elementary School Teacher | $96,900 | $59,180 | -39% in Phoenix |
| Operations Manager | $157,000 | $98,610 | -37% in Phoenix |
| Lawyer | $208,880 | $135,670 | -35% in Phoenix |
| Market Research Analyst | $100,520 | $74,590 | -26% in Phoenix |
| Accountant | $105,650 | $80,820 | -24% in Phoenix |
| Electrician | $79,020 | $61,210 | -23% in Phoenix |
| HVAC Technician | $77,990 | $61,170 | -22% in Phoenix |
Frequently asked questions
Is New York or Phoenix cheaper to live in?
Phoenix is about 8% cheaper overall. Rent is $1,893 a month there versus $2,806 in New York.
What salary do I need in Phoenix to match $60,000 in New York?
About $55,071 a year gives the same standard of living in Phoenix.
Where do people earn more, New York or Phoenix?
The typical household earns $86,801 in New York and $87,717 in Phoenix, 1% more in Phoenix.