Moving from New York, NY to Phoenix, AZ
If you rent
$80,000 → $75,700
You'd need about $4,300 less a year in Phoenix for the same standard of living.
If you buy
$80,000 → $68,200
Home prices are 49% lower in Phoenix.
| Measure | New York | Phoenix |
|---|---|---|
| Median rent | $1,779 / mo | $1,458 / mo |
| Median home value | $751,700 | $381,900 |
| Median household income | $79,713 | $77,041 |
| Median rent as a share of your $80,000 salary | 27% | 22% |
How this is estimated
Rent in Phoenix is 18% lower than in New York. We assume 30% of your income goes on housing and scale that share by the price difference. Taxes, groceries, transport and other costs are assumed equal, so state income tax or a long commute could move the real number. Housing figures are Census medians, not what a particular home costs.
Reverse: Phoenix, AZ to New York, NY Compare the two cities side by side About Phoenix
Data: U.S. Census Bureau ACS