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Select two U.S. metro areas to compare their Regional Price Parity (RPP) indices for goods, services, and housing, plus salary equivalents.

Phoenix vs New York

New York is 9.0% more expensive than Phoenix. Based on BEA Regional Price Parities, national average = 100.

Metro A
Phoenix-Mesa-Chandler, AZ
103.3
Overall RPP
95.0
Goods
93.3
Services
121.2
Rents
Metro B
New York-Newark-Jersey City, NY-NJ
112.6
Overall RPP
110.3
Goods
127.0
Services
148.6
Rents

Category Breakdown

Category Phoenix New York Diff (B−A)
Overall Cost 103.3 112.6 +9.2
Goods 95.0 110.3 +15.2
Services 93.3 127.0 +33.7
Rents/Housing 121.2 148.6 +27.4

Visual Comparison

Overall Cost Higher than Phoenix
Phoenix
103.3
New York
112.6
Goods Higher than Phoenix
Phoenix
95.0
New York
110.3
Services Higher than Phoenix
Phoenix
93.3
New York
127.0
Rents/Housing Higher than Phoenix
Phoenix
121.2
New York
148.6

Vertical marker = national average (100)

Salary Equivalents

What you would need to earn in New York to match your purchasing power in Phoenix:

Salary in Phoenix Equivalent in New York Difference
$50,000 $54,475 +$4,475
$75,000 $81,713 +$6,713
$100,000 $108,950 +$8,950
$150,000 $163,425 +$13,425

Use the salary calculator for custom amounts and reverse direction.

Metro Context

Metric Phoenix New York
Population 4,941,206 19,756,722
Median Household Income $84,703 $97,334
Data Year 2024 2024
State AZ NY

Key Differences

Overall Cost: New York is 9.2 points pricier than Phoenix (103.3 vs 112.6).

Goods: New York is 15.2 points pricier than Phoenix (95.0 vs 110.3).

Services: New York is 33.7 points pricier than Phoenix (93.3 vs 127.0).

Rents/Housing: New York is 27.4 points pricier than Phoenix (121.2 vs 148.6).

⇆ Reverse comparison Phoenix details → New York details →

Also Compare Phoenix With

vs Los Angeles-Long Beach-Anaheim vs Chicago-Naperville-Elgin vs Dallas-Fort Worth-Arlington vs Houston-Pasadena-The Woodlands vs Washington-Arlington-Alexandria vs Philadelphia-Camden-Wilmington

Frequently Asked Questions

Is New York more expensive than Phoenix? ▼
New York is 9.0% more expensive than Phoenix. The overall cost index is 112.6 vs 103.3 (national average = 100).
What salary in New York is equivalent to $100K in Phoenix? ▼
A $100,000 salary in Phoenix has the same purchasing power as $108,950 in New York, based on BEA Regional Price Parity data.
How do housing costs compare between Phoenix and New York? ▼
Housing/rents in Phoenix are indexed at 121.2 while New York is at 148.6 (national average = 100). New York has higher housing costs.
Which is larger - Phoenix or New York? ▼
New York is larger by population. Phoenix has 4,941,206 residents vs 19,756,722 in New York.

Explore More Data

Salary Calculator → Cost Rankings → All Metros → Rent Data → Salary Data → Relocation Guide →

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area Index where U.S. average = 100