Cost of living in Phoenix
Phoenix, the capital of Arizona, is known for its warm climate and vibrant culture. Understanding the cost of living in Phoenix is crucial for anyone considering moving to or living in this bustling city.
This guide provides a detailed breakdown of various expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $15 and $32.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $50 to $110.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $10 and $13.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $5 to $9, cappuccino $3.5 to $8, and Coke/Pepsi $2 to $4.5.
Grocery Prices
- Milk - Milk is priced between $0.6 and $1.06 per liter, averaging $0.89.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.19 and $6.05, with an average price of $3.75.
- Eggs (Dozen) - A dozen eggs range from $2 to $5.99, averaging $3.77.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $8.82 per kg, while oranges range from $2.18 to $7.72 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $5.51 per kg, and lettuce costs $1 to $2.29 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2 and $4, with a monthly pass priced between $28 and $64.
- Fuel (Gasoline) - Gasoline is priced between $0.84 and $1.11 per liter.
- Taxi Fares - Taxi fares start at $2.75, with a cost of $1.24 to $1.37 per km and $36 to $65 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1400 to $2400, averaging $1627.3.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1200 to $1800, averaging $1380.7.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2100 to $3600, averaging $2607.96.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1800 to $3300, averaging $2255.64.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2152.78 to $5123.62, averaging $3505.31.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2475.7 to $4036.47, averaging $3227.45.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $150 and $355.81, averaging $248.44.
- Internet - Internet services range from $50 to $120, with an average cost of $75.72.
Cost of Living Rankings
Phoenix ranks 31st on the Cost of Living rankings in United States. The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Phoenix offers a relatively moderate cost of living compared to other major U.S. cities, with affordable housing options, especially outside the city centre.
Dining and grocery prices are reasonable, though transportation costs can vary depending on personal preferences and commuting needs.
Utilities and internet services are moderately priced, contributing to the overall affordability of living in Phoenix.
Conclusion
In conclusion, Phoenix provides a balanced cost of living with a mix of affordable and moderately priced options across various categories.
Whether you're considering moving to Phoenix or planning a visit, understanding these costs can help you budget effectively and enjoy what the city has to offer.