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Cost of living

Phoenix, Arizona

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Phoenix, AZ is #37 on the list Top 100 Best Cities to Work Remote in 2023, #35 on the list Top 100 Best Cities to Work Remote in 2022

Cost of living in Phoenix, Arizona

  • Cost of living compared to USAthe highest
  • Cost of living compared to Arizonathe highest
  • Median household incomemoderate

Is it expensive to live in Phoenix, Arizona? When calculating the cost of living in Phoenix, Arizona we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Phoenix, Arizona is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Arizona, while median household income in Phoenix is $62,700 which is moderate Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Arizona.

Taxes in Phoenix, Arizona

The sales tax rate in Phoenix, Arizona is 8.7%. Last year, the average property taxes paid was 0.6% Phoenix, Arizona.

Here is the table with the State Income Taxes in the state of Arizona:

State Income Tax Brackets (Single):

Income Bracket Threshold Income Bracket Ceiling Arizona Income Tax Rate
$0 $27,808 2.59%
$27,808 $55,615 3.34%
$55,615 $166,843 4.17%
$166,843 $9,999,999 4.5%

State Income Tax Brackets (Married):

Income Bracket Threshold Income Bracket Ceiling Arizona Income Tax Rate
$0 $55,615 2.59%
$55,615 $111,229 3.34%
$111,229 $333,684 4.17%
$333,684 $9,999,999 4.5%

Housing costs in Phoenix, Arizona

  • The average cost of a single-family home compared to USAthe highest
  • The average cost of a single-family home compared to Arizonahigh

In Phoenix, Arizona, 56.0% of the population owns their homes, while approximately 44.0% rent. The average cost of a single-family home in Phoenix, Arizona in 2022 is $454,569 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Arizona. The average one-bedroom apartment cost is approximately $1,539 per month.

Rental SizeMonthly CostCompared to Arizona
1 Bedroom$1,539the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,824the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$2,501the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$2,846the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest

Pros and Cons of living in Phoenix, Arizona in reviews from users in their own words:

ProsCons
  • "Mild weather, history"
  • "It’s home"
  • "Downtown, small town vibe, close to freeways, small local businesses"
  • "Winter weather"
  • "warm"
  • "Mild winters,"
  • "nothing"
  • "Large city, sunny weather, local businesses"
  • "Own a home, sunny"
  • "Cheap and wearher"
  • "Climate"
  • "No snow "
  • "The scenery"
  • "Close to hiking and shops"
  • "Mild Winters"
  • "Sunshine, lots to do, something for everyone"
  • "Weather is great 2/3 of the year, Clear skies, plenty to do"
  • "warm"
  • "Lived here all my life"
  • "Sunny"
  • "Outdoors Fall Spring"
  • "nothinh"
  • "Family, Proximity, Safe"
  • "The winter. Less humidity"
  • "weather, suburbs, views"
  • "Variety of restaurants"
  • "Relative low cost of living, good highway system"
  • "Clean"
  • "outdoors, swimming, restaurants"
  • "homelessness, liberal, too large"
  • "Homeslessness, liberal, too big"
  • "Large Population, traffic"
  • "bad air"
  • "Conservative, low education, summer heat"
  • "everything"
  • "Too hot, unsafe, poor education, too conservative"
  • "Big, hot, unfriendly"
  • "The wearther and crowds and crime"
  • "Politics"
  • "Heat"
  • "The transportation"
  • "Too congested, crime, high cost of living "
  • "Intensely hot summers"
  • "Too hot when not beautiful outside; education statewide "
  • "Housing too expensive, Summers are too hot"
  • "people."
  • "Weather, homeless, liberal politics "
  • "Republican"
  • "Heat Cost of Living"
  • "weather recreation"
  • "The heat, dry, desert, people"
  • "Crime, traffic, cost of living, summer heat"
  • "lived here forever and need a change"
  • "too hot, too crowded, traffic, rude people"
  • "Hot, too big"
  • "The weather"
  • "Summer all the time "
  • "too far from family, too hot"

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