Quick answer
Overall prices in the Phoenix, AZ metro were 103.3 vs 105.8 in Denver, CO in 2024 (US = 100), so Phoenix is 2.3% less expensive than Denver; housing rents differ by 17% (121.2 vs 146.9). A $75,000 income in Phoenix buys about what $76,790 buys in Denver, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Phoenix | Denver | Phoenix vs Denver |
|---|---|---|---|
| All items | 103.3 | 105.8 | -2.3% |
| Goods | 95.0 | 101.0 | -5.9% |
| Housing (rents) | 121.2 | 146.9 | -17.5% |
| Utilities | 93.3 | 87.9 | +6.2% |
| Other services | 104.0 | 99.4 | +4.6% |
| All items, 2008 | 105.7 | 105.8 | -0.1% |
| $50,000 in Phoenix equals in Denver | $51,193 | ||
| $100,000 in Phoenix equals in Denver | $102,387 | ||
| $150,000 in Phoenix equals in Denver | $153,580 |
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Last updated 2026-10-16. Data only, not financial or tax advice.