Cost of living in Phoenix — 2026
Phoenix has 1,624,832 residents and lies in Arizona. Median rent there comes to roughly €1,246 per month in 2026. To buy, expect 326,438 €. Median income is 65,853 €/year, meaning reference rent absorbs about 23% of monthly income.
Cost of living in Phoenix
Rent
- Median rent
- 1,246 €/month
Buy
- Median home value
- 326,438 €
Income
- Median household income
- 65,853 €/year
Local taxes
- Median property tax paid
- 1,560 €/year
Quality of life — Phoenix
Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023
Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023
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