Austin, TX vs Phoenix, AZ
Cost of Living Comparison
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Equivalent Salary
$100,000 in Austin, TX = $108,097 in Phoenix, AZ
Buying power is 8.1% higher in Phoenix, AZ
Median Rent
$1,655 vs $1,458
-11.9% lower in Phoenix, AZ
Median Income
$91,461 vs $77,041
-15.8% lower in Phoenix, AZ
Home Value
$512,700 vs $381,900
-25.5% lower in Phoenix, AZ
Price Level
97.6 vs 105.5
US avg = 100
Salary Needed for Median Rent
$66,200 vs $58,300
30% of gross income guideline
Rent as % of Income
21.7% vs 22.7%
Lower is more affordable