Quick answer
Overall prices in the Phoenix, AZ metro were 103.3 vs 93.9 in Cleveland, OH in 2024 (US = 100), so Phoenix is 10.0% more expensive than Cleveland; housing rents differ by 53% (121.2 vs 79.4). A $75,000 income in Phoenix buys about what $68,181 buys in Cleveland, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Phoenix | Cleveland | Phoenix vs Cleveland |
|---|---|---|---|
| All items | 103.3 | 93.9 | +10.0% |
| Goods | 95.0 | 93.6 | +1.5% |
| Housing (rents) | 121.2 | 79.4 | +52.6% |
| Utilities | 93.3 | 96.0 | -2.7% |
| Other services | 104.0 | 98.9 | +5.1% |
| All items, 2008 | 105.7 | 92.6 | +14.2% |
| $50,000 in Phoenix equals in Cleveland | $45,454 | ||
| $100,000 in Phoenix equals in Cleveland | $90,908 | ||
| $150,000 in Phoenix equals in Cleveland | $136,363 |
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Last updated 2026-10-16. Data only, not financial or tax advice.