CostByCity

New York, NY vs Phoenix, AZ

Cost of Living Comparison

Phoenix, AZ is more affordable by 9.2 index points

Side-by-Side Comparison

CategoryNew York, NYPhoenix, AZDifference
Overall112.6103.3+9.2
Housing148.6121.2+27.4
Goods110.395.0+15.2
Utilities127.093.3+33.7
Other Services105.8104.0+1.8

Income & Housing Comparison

MetricNew York, NYPhoenix, AZ
Median Household Income$93,610$79,935
Median Home Value$553,500$360,600
Median Monthly Rent$1,711$1,432
Per Capita Income$52,011$40,787

Frequently Asked Questions

Is New York, NY or Phoenix, AZ cheaper to live in?
Phoenix, AZ is more affordable. The cost of living difference is 9.2 index points (New York, NY: 112.6, Phoenix, AZ: 103.3).
Where is housing cheaper, New York, NY or Phoenix, AZ?
Housing is more affordable in Phoenix, AZ. Housing index: New York, NY (148.6) vs Phoenix, AZ (121.2).