Cost of Living: New York vs Phoenix (2026)

New York vs Phoenix cost of living compared: rent, home prices, and what your salary is really worth. Phoenix is about 8% less expensive than New York overall — $100,000 in New York is worth about $91,785 in Phoenix.

Phoenix is about 8% less expensive than New York overall — $100,000 in New York is worth about $91,785 in Phoenix.

New York vs Phoenix: the numbers

MetricNew YorkPhoenixDifference
Cost-of-living index (US=100)113103-8%
Median rent$1,779$1,458-18%
Median home value$751,700$381,900-49%
Median household income$79,713$77,041-3%

Cost of living = BEA Regional Price Parities (US average = 100). Rent, home value, and income from the U.S. Census ACS. See our methodology.

What your salary is worth

A $100,000 salary in New York has the same buying power as about $91,785 in Phoenix. Going the other way, $100,000 in Phoenix is like $108,950 in New York.

Use the calculator below to compare any salary between New York and Phoenix.

Compare any salary: New York vs Phoenix

What you earn (or want to compare)

Frequently Asked Questions

New York is more expensive. Its cost-of-living index is 113 vs 103 — a 8% difference. Your money goes further in Phoenix.

About $91,785 — that's what you'd need in Phoenix to maintain the same purchasing power as $100,000 in New York.