New York, NY vs Phoenix, AZ
Cost of Living Comparison
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Equivalent Salary
$100,000 in New York, NY = $93,822 in Phoenix, AZ
Buying power is -6.2% lower in Phoenix, AZ
Median Rent
$1,779 vs $1,458
-18.0% lower in Phoenix, AZ
Median Income
$79,713 vs $77,041
-3.4% lower in Phoenix, AZ
Home Value
$751,700 vs $381,900
-49.2% lower in Phoenix, AZ
Price Level
112.5 vs 105.5
US avg = 100
Salary Needed for Median Rent
$71,200 vs $58,300
30% of gross income guideline
Rent as % of Income
26.8% vs 22.7%
Lower is more affordable