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Cost of living: Phoenix, AZ vs Buffalo, NY (2024)

Quick answer

Overall prices in the Phoenix, AZ metro were 103.3 vs 95.8 in Buffalo, NY in 2024 (US = 100), so Phoenix is 7.8% more expensive than Buffalo; housing rents differ by 50% (121.2 vs 81.0). A $75,000 income in Phoenix buys about what $69,576 buys in Buffalo, per BEA.

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

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)PhoenixBuffaloPhoenix vs Buffalo
All items103.395.8+7.8%
Goods95.099.7-4.7%
Housing (rents)121.281.0+49.7%
Utilities93.3129.5-27.9%
Other services104.097.8+6.4%
All items, 2008105.797.0+8.9%
$50,000 in Phoenix equals in Buffalo$46,384
$100,000 in Phoenix equals in Buffalo$92,768
$150,000 in Phoenix equals in Buffalo$139,152

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Last updated 2026-10-16. Data only, not financial or tax advice.

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