New York, NY vs Phoenix, AZ: Cost of Living
Compare the cost of living between New York, NY and Phoenix, AZ. See the equivalent salary and median rent powered by BLS Regional Price Parities.
New York, NY
NY
- Overall RPP (US=100)
- 113
- Housing RPP
- 154.2
- Goods RPP
- 107.6
- 2-BR median rent
- $2,752/mo
NY state income tax 4%-10.9% + NYC city tax up to 3.876% for city residents.
Phoenix, AZ
AZ
- Overall RPP (US=100)
- 103.7
- Housing RPP
- 122.9
- Goods RPP
- 98.3
- 2-BR median rent
- $1,877/mo
Arizona income tax 2.5% flat rate (since 2023). No city income tax.
Equivalent salary
Phoenix, AZ is cheaper than New York, NY by about 8.2% (RPP 113 to 103.7).
$60,000 in New York, NY
-> $55,062
in Phoenix, AZ
$100,000 in New York, NY
-> $91,770
in Phoenix, AZ
$150,000 in New York, NY
-> $137,655
in Phoenix, AZ
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
Frequently asked questions
- Is Phoenix, AZ cheaper or more expensive than New York, NY?
- Phoenix, AZ (RPP 103.7) is cheaper than New York, NY (RPP 113) by about 8.2%.
- What salary do I need in Phoenix, AZ if I earn $100,000 in New York, NY?
- You would need approximately $91,770 in Phoenix, AZ to maintain the same purchasing power as $100,000 in New York, NY. Formula: $100,000 x (103.7 / 113).