Phoenix, AZ variant. This is a Phoenix, AZ-specific version of the Salary Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Salary Calculator.
A salary in Phoenix must be weighed against a cost-of-living index of 109 (US avg = 100) and a $445,000 median home. The same paycheck stretches very differently here than in a cheaper metro.
Salary vs. cost of living in Phoenix
Phoenix's cost-of-living index of 109 means goods and housing cost about 9% more than the national average. To match a $60,000 lifestyle elsewhere you'd need roughly $65,400 here.
The $72,092 local median income and $1,750/month median rent set realistic expectations for Phoenix.
About Phoenix, AZ
Phoenix has no city income tax, and residents pay only Arizona state income tax on their earnings.
Phoenix has seen rapid growth in home prices and rents as a fast-growing Sun Belt city attracting new residents and businesses.
Phoenix is one of the fastest-growing major metros in the country, with expanding technology, healthcare, and manufacturing sectors.
Worked example: cost-of-living adjustment
A $70,000 offer in Phoenix (index 109) has the buying power of about $64,220 in an average-cost city. Rent alone runs ~$21,000/year.
Quick reference
- Median home value: $445,000
- Median rent: $1,750/mo
- Median household income: $72,092
- Local sales tax: 8.6%
- Effective property tax rate: 0.59%
- Cost of living index: 109 (US avg = 100)
Frequently Asked Questions
Is Phoenix expensive?
Its cost-of-living index is 109 vs. the US average of 100, so it's above average.
What salary do I need in Phoenix?
Scale your target lifestyle by the 109 index - e.g., $65,400 to match a $60k lifestyle.