City comparison
New York vs Phoenix Cost of Living
Compare overall indexes, housing costs, and budget targets between New York (166.9) and Phoenix (113.5).
New York Index
166.9
Phoenix Index
113.5
New York Rent
$4,850
Phoenix Rent
$2,525
New York Home price
$787,000
Phoenix Home price
$459,000
Salary equivalent calculator
Enter your current salary in New York to estimate the income needed for a similar lifestyle in Phoenix.
Equivalent salary in Phoenix
$97,247
Based on the relative overall cost of living between New York and Phoenix.
Category-by-category differences
Use this table to see which categories make one city more or less expensive than the other.
| Category | New York | Phoenix | Difference |
|---|---|---|---|
| Housing | 245 | 136 | -109.0 (-44.5%) |
| Groceries | 138 | 101 | -37.0 (-26.8%) |
| Transportation | 121 | 103 | -18.0 (-14.9%) |
| Healthcare | 117 | 98 | -19.0 (-16.2%) |
| Utilities | 112 | 108 | -4.0 (-3.6%) |
| Miscellaneous | 134 | 101 | -33.0 (-24.6%) |
Budget comparison
Single
$8,110 / $5,160
New York / Phoenix
Couple
$13,620 / $8,570
New York / Phoenix
Family
$19,870 / $12,070
New York / Phoenix
Frequently Asked Questions
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View New York city page
Open the full cost-of-living profile for New York.
View Phoenix city page
Open the full cost-of-living profile for Phoenix.
Last updated: Q1 2026
Data as of Q1 2026. Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau, HUD Fair Market Rents.
Cost of living indexes use the national average as baseline (100). Data is updated periodically.