Skip to main content
LiveWhere us
Metropolitan Statistical Area

Cost of living in the Phoenix Metro Area

2 counties across AZ. Population: 4,941,206.

Avg. 1-bed rent
$1,679/mo
Avg. household income
$84,797/yr
Avg. home value
$405,372
Avg. monthly cost
$3,694/mo

Last updated May 22, 2026

Rent in the Phoenix Metro Area

Average rent across the Phoenix-Mesa-Chandler metro area, weighted by county population.

Studio
$1,530
per month
1 bedroom
$1,679
per month
2 bedroom
$1,950
per month
3 bedroom
$2,624
per month
4 bedroom
$2,934
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Phoenix Metro Area

Earnings data averaged across all 2 counties.

Household income
$84,797
per year
Individual earnings
$46,296
per year
Per capita
$43,395
per year

Source: ACS (population-weighted metro average)

Home values in the Phoenix Metro Area

Average home values and annual property tax across the metro.

Average home value
$405,372
Average annual property tax
$1,933

Source: ACS (population-weighted metro average)

Energy costs in the Phoenix Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$150
per month
Monthly gas
$39
per month
Annual total
$2,268
per year

Source: EIA (state averages applied per county, weighted)

All 2 counties in the Phoenix Metro Area

The Phoenix-Mesa-Chandler metro area includes 2 counties. Sorted by population.

Compare counties in the Phoenix Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

Open comparison tool

Frequently asked questions about the Phoenix Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Phoenix Metro Area?

The estimated average cost of living in the Phoenix-Mesa-Chandler metro area is approximately $3,694 per month for a single person. This is a population-weighted average across the 2 counties that make up the metro area.

What is the average rent in the Phoenix Metro Area?

The average one-bedroom rent across the Phoenix-Mesa-Chandler metro area is $1,679 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Phoenix Metro Area?

Maricopa County, AZ is the most affordable county in the Phoenix-Mesa-Chandler metro area at approximately $3,694 per month for a single person.

What is the most expensive county in the Phoenix Metro Area?

Pinal County, AZ is the most expensive county in the Phoenix-Mesa-Chandler metro area at approximately $3,694 per month for a single person.

How many counties are in the Phoenix Metro Area?

The Phoenix-Mesa-Chandler metro area covers 2 counties. The five largest by population are Phoenix, Pinal County.

Use this research

Journalists, researchers and bloggers are welcome to cite and share this analysis. Please include a follow link back to this page when referencing our data. For bespoke analysis, expert comment, or high-resolution graphics, get in touch via our press office.

About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.