Quick answer
Overall prices in the Phoenix, AZ metro were 103.3 vs 98.1 in Austin, TX in 2024 (US = 100), so Phoenix is 5.4% more expensive than Austin; housing rents differ by 1% (121.2 vs 120.4). A $75,000 income in Phoenix buys about what $71,189 buys in Austin, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Phoenix | Austin | Phoenix vs Austin |
|---|---|---|---|
| All items | 103.3 | 98.1 | +5.4% |
| Goods | 95.0 | 93.8 | +1.4% |
| Housing (rents) | 121.2 | 120.4 | +0.7% |
| Utilities | 93.3 | 82.0 | +13.8% |
| Other services | 104.0 | 96.2 | +8.1% |
| All items, 2008 | 105.7 | 99.6 | +6.1% |
| $50,000 in Phoenix equals in Austin | $47,459 | ||
| $100,000 in Phoenix equals in Austin | $94,919 | ||
| $150,000 in Phoenix equals in Austin | $142,378 |
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Last updated 2026-10-16. Data only, not financial or tax advice.