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State cost profile · 2024 BEA RPP

Cost of Living in Arizona

Statewide Regional Price Parities for Arizona from the Bureau of Economic Analysis, overall, goods, services, and rents vs the U.S. average of 100, across 7 metro areas.

100.7
Statewide RPP
#17
of 51 states by cost
106.8
Rents RPP
7
Metro areas

Arizona ranks #17 of 51 states by cost, and its statewide price index has held steady since 2008.

  • stable since 2008
  • fell -0.1 points in the 2023-2024 release
  • similar cost to Virginia

The verdict

Arizona is more expensive than 67% of U.S. states, a statewide cost index of 100.7, 0.7% above the national average.

Services
furthest category from 100, at 92.3
Virginia
closest statewide cost peer, 0.4 points away
Phoenix-Mesa-Chandler
highest-cost metro, 103.3
Sierra Vista-Douglas
lowest-cost metro, 89.2

A $100,000 national salary carries the purchasing power of about $99,328 when earned in Arizona.

100.7
Overall
Above avg
95.4
Goods
Below avg
92.3
Services
Below avg
106.8
Rents
Above avg

Arizona vs every U.S. state

Where this state sits in the national cost distribution

101 Top 33% higher than 67% of 51 US states

84–87: 2 US states (4%). Below this entry. 87–90: 7 US states (14%). Below this entry. 90–93: 8 US states (16%). Below this entry. 93–96: 6 US states (12%). Below this entry. 96–99: 8 US states (16%). Below this entry. 99–102: 5 US states (10%). This entry sits in this band. 102–105: 8 US states (16%). Above this entry. 105–108: 3 US states (6%). Above this entry. 108–111: 4 US states (8%). Above this entry. 111–114: 0 US states (0%). Above this entry. 114–117: 0 US states (0%). Above this entry. This state 84 117 every US state (incl. DC), bucketed by value

Each bar is a band; taller bars hold more US states. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Arizona RPP history, 2008–2024

The statewide index has changed by only 1.8 points from 2008 to 2024. The line shows every retained BEA release against the national benchmark of 100; the table preserves the component detail.

949698100102104 20082024 103 101 ▼ -1.8%
Source: U.S. Bureau of Economic Analysis, Regional Price Parities · 2008–2024
Year Overall
2008 102.5
2009 102.9
2010 100.6
2011 99.1
2012 98.0
2013 98.4
2014 97.9
2015 97.9
2016 98.6
2017 97.9
2018 97.4
2019 97.8
2020 99.2
2021 96.6
2022 100.0
2023 100.7
2024 100.7

Reading the Arizona Cost of Living Picture

Arizona clusters near the national line with Virginia, Nevada, Illinois as its closest statewide peers. In that near-par lane, the component mix matters more than the small headline distance from 100. Only 14.5 points separate its reported categories, so the statewide index transfers across household types more cleanly than it does in a polarized cost profile.

Arizona captures 7 metro areas in the BEA dataset, and the range across them is meaningful. Phoenix-Mesa-Chandler, AZ leads on cost at 103.3, while Sierra Vista-Douglas, AZ sits at the opposite end at 89.2 - a gap of 14.1 index points inside a single state. For goods the state indexes at 95.4, for services 92.3, and for rents 106.8. Rents sit within 6.1 points of the statewide index, so no single category is distorting the headline — unusual, and it makes the state number more transferable between households than most.

Over time, Arizona's statewide index has held steady within 1.8 points, suggesting a stable competitive position against other states. Practically, this means a $100,000 national salary delivers the purchasing power of about $99,328 of national buying power when earned inside Arizona, and a household relocating here would need roughly $100,677 to reproduce a $100K lifestyle. With 7 reporting metros inside the state, treat this figure as the midpoint of a range rather than a quote for any one address.

Metro areas in Arizona, ranked by cost

#Metro areaOverallGoodsServicesRents
1Phoenix-Mesa-Chandler103.395.093.3121.2
2Flagstaff100.396.293.8109.0
3Prescott Valley-Prescott98.396.291.598.8
4Tucson96.996.289.591.8
5Lake Havasu City-Kingman94.196.288.779.8
6Yuma92.796.287.873.8
7Sierra Vista-Douglas89.296.291.961.9

The Rents RPP index measures housing costs relative to the national average (100). For the federal 40th-percentile Fair Market Rent by bedroom size and county, see the HUD Fair Market Rents dataset.

Latest BEA release change

What changed from 2023 to 2024

Arizona's overall RPP fell -0.1 points, from 100.7 in 2023 to 100.7 in 2024. The largest category move was services, changing from 83.3 to 92.3. RPP is a relative price index, so this reports a change against the national benchmark rather than a household's dollar bill.

Rent spread across Arizona's metros

Rents RPP, 100 = national rent average, sorted by rents rather than overall cost

  1. 1
    Phoenix-Mesa-Chandler 121.2 Rents RPP
    Overall 103.3
  2. 2
    Flagstaff 109.0 Rents RPP
    Overall 100.3
  3. 3
    Prescott Valley-Prescott 98.8 Rents RPP
    Overall 98.3
  4. 4
    Tucson 91.8 Rents RPP
    Overall 96.9
  5. 5
    Lake Havasu City-Kingman 79.8 Rents RPP
    Overall 94.1
  6. 6
    Yuma 73.8 Rents RPP
    Overall 92.7
  7. 7
    Sierra Vista-Douglas 61.9 Rents RPP
    Overall 89.2

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

What this means in Arizona

The statewide index is a starting point, cost varies metro to metro within Arizona.

  • Don't rely on the state figure alone: Phoenix-Mesa-Chandler (103.3) and Sierra Vista-Douglas (89.2) sit 14 index points apart inside Arizona. Check your specific metro.
  • Rents index at 106.8 (6.8% above average) - the largest swing in the RPP. Review the housing line before any relocation decision. Highest rents
  • Weighing Arizona against another state? Convert your salary to local purchasing power first. Salary calculator

RPP is BEA's annual price-level benchmark (national average = 100) for the data year shown, pair it with local wages and current rents before deciding.

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Cost of living guides →, cheapest and most-expensive rankings, cost of living vs wages, and how BEA constructs RPP data.

Nationwide states with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Arizona: nearest states by overall regional price parity and by rents RPP. These are labelled nationwide neighborhoods, distinct from the closest-RPP list above.

Source: Bureau of Economic Analysis, Regional Price Parities Index where national average = 100

Frequently Asked Questions

Where does Arizona sit versus the national cost-of-living line?

Arizona has a Regional Price Parity (RPP) index of 100.7, meaning it is 0.7% more expensive than the national average. Goods are indexed at 95.4, services at 92.3, and rents at 106.8.

What salary in Arizona equals $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $100,677 in Arizona. Conversely, $100K earned in Arizona has the purchasing power of $99,328 at the national average.

Is housing expensive in Arizona?

Rents in Arizona are indexed at 106.8, which is 6.8% above the national average. Housing costs are close to the national average.

Which is the most expensive metro in Arizona?

The most expensive metro area in Arizona is Phoenix-Mesa-Chandler, AZ with an RPP of 103.3. The most affordable is Sierra Vista-Douglas, AZ at 89.2. There are 7 metro areas in Arizona with BEA price data.

Is Arizona getting more expensive?

From 2008 to 2024, Arizona's overall cost index changed by -1.8 points (from 102.5 to 100.7). The cost of living has remained relatively stable.

What is most expensive in Arizona compared to the U.S. average?

The most expensive category in Arizona is rents at 106.8, which is 6.8% above the national average. The most affordable category is services at 92.3, 7.7% below average.

Data sourced from official public datasets, Regional Price Parities by State (2024), index where national average = 100. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2024. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.