Cost of living in Phoenix, Arizona
Maricopa County, AZ
Part of the Phoenix Metro Area
Population 4,491,987 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Phoenix
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Phoenix
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Phoenix
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Phoenix
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Phoenix
Insurance premiums and coverage rates.
Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.
Taxes in Phoenix
State and local tax rates for Arizona.
Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.
Transportation in Phoenix
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Phoenix
What it costs to live in Phoenix each month.
- Rent $1,679
- Energy $189
- Water $60
- Groceries $341
- Transport $250
- Healthcare $480
- Federal tax $598
- State tax $97
- Rent $1,950
- Energy $227
- Water $70
- Groceries $565
- Transport $350
- Healthcare $864
- Federal tax $1,070
- State tax $178
- Rent $2,624
- Energy $284
- Water $85
- Groceries $857
- Transport $450
- Healthcare $1,350
- Childcare $1,200
- Federal tax $1,070
- State tax $178
Frequently asked questions about Phoenix
Common questions about cost of living, rent and salary.
What is the average rent in Phoenix?
In Phoenix, Arizona, a one-bedroom apartment averages $1,679 per month, a two-bedroom averages $1,950 per month, a three-bedroom averages $2,624 per month, according to HUD Fair Market Rent data.
What is the average salary in Phoenix?
In Phoenix, Arizona, the average household income is $85,518 per year and individual earnings for full-time workers average $46,640 per year, according to U.S. Census Bureau data.
What is the cost of living in Phoenix?
The estimated cost of living in Phoenix, Arizona is approximately $3,694 per month for a single person, $5,274 for a couple, $8,098 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Phoenix?
The combined sales tax rate in Phoenix, Arizona is 8.37%, which includes the Arizona state rate of 5.60% plus an average local rate of 2.77%.
Is Phoenix an affordable place to live?
Based on the data, a single person in Phoenix, Arizona would need approximately $3,694 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $85,518 per year ($7,127 per month). Phoenix has a moderate cost of living relative to local earnings.
How much does healthcare cost in Phoenix?
The ACA marketplace benchmark premium in Phoenix, Arizona is approximately $480 per month for an individual. Approximately 10.7% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Phoenix?
The average home value in Phoenix, Arizona is $414,700, with average annual property taxes of $1,965, according to U.S. Census Bureau data.
How does Phoenix compare to other areas?
You can compare Phoenix, Arizona with any other US county using our comparison tool at /compare. Phoenix is in the Phoenix-Mesa-Chandler, AZ metro area.
Other counties in Arizona
Browse the full list of counties in Arizona, ranked by cost of living.
See all counties in ArizonaCompare Phoenix with another area
Put two counties side by side to see how rent, taxes and everyday costs stack up.
About this data
All figures on this page come from official U.S. government sources, listed below.
- HUD FMR FY2025
- ACS 2019-2023 5-Year
- EIA
- ACS + national avg
- ACS
- USDA + BEA RPP