Is Phoenix expensive to live in?
Median income: $62,000. Median rent: $1,650. Median home price: $420,000.
Relocation guide · Arizona
Phoenix, AZ city guide. Population is 1,608,139. Median household income is $62,000. Median rent is $1,650.
Median Rent
$1,650/mo
Median Income
$62,000
State Tax
2.5%
Population
1,608,139
Cost of living
Median income: $62,000. Median rent: $1,650. Median home price: $420,000.
Median Rent/mo
$1,650
Median Home Price
$420,000
Median Income
$62,000
Rent-to-Income
32%
Taxes
State tax rate: 2.5%. Local tax rate: 8.6%.
State Income Tax
2.50%
Local Tax Rate
8.60%
Climate
Average high: 86°F. Average low: 63°F. Annual rainfall: 8 inches. Sunny days: 299.
Avg High Temp
86°F
Avg Low Temp
63°F
Sunny Days/yr
299
Annual Rainfall
8"
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Median income: $62,000. Median rent: $1,650. Median home price: $420,000.
The median rent in Phoenix is $1,650/month. Median home price is $420,000. Many newcomers rent for the first year to learn the neighborhoods before buying.
State tax rate: 2.5%. Local tax rate: 8.6%.
Phoenix, AZ city guide. Population is 1,608,139. Median household income is $62,000. Median rent is $1,650.
Research neighborhoods carefully — Phoenix has significant variation in cost and lifestyle by area.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Updated 2026.