City comparison

Phoenix vs Denver Cost of Living

Compare overall indexes, housing costs, and budget targets between Phoenix (113.5) and Denver (123.4).

Phoenix Index
113.5
Denver Index
123.4
Phoenix Rent
$2,525
Denver Rent
$2,900
Phoenix Home price
$459,000
Denver Home price
$549,000

Salary equivalent calculator

Enter your current salary in Phoenix to estimate the income needed for a similar lifestyle in Denver.

Equivalent salary in Denver
$98,937
Based on the relative overall cost of living between Phoenix and Denver.

Category-by-category differences

Use this table to see which categories make one city more or less expensive than the other.

CategoryPhoenixDenverDifference
Housing136159+23.0 (+16.9%)
Groceries101108+7.0 (+6.9%)
Transportation103105+2.0 (+1.9%)
Healthcare98102+4.0 (+4.1%)
Utilities10897-11.0 (-10.2%)
Miscellaneous101108+7.0 (+6.9%)

Budget comparison

Single
$5,160 / $5,610
Phoenix / Denver
Couple
$8,570 / $9,310
Phoenix / Denver
Family
$12,070 / $13,130
Phoenix / Denver

Frequently Asked Questions

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.