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Cost of living: Phoenix, AZ vs Oklahoma City, OK (2024)

Quick answer

Overall prices in the Phoenix, AZ metro were 103.3 vs 90.4 in Oklahoma City, OK in 2024 (US = 100), so Phoenix is 14.3% more expensive than Oklahoma City; housing rents differ by 64% (121.2 vs 73.9). A $75,000 income in Phoenix buys about what $65,630 buys in Oklahoma City, 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)PhoenixOklahoma CityPhoenix vs Oklahoma City
All items103.390.4+14.3%
Goods95.093.8+1.3%
Housing (rents)121.273.9+64.1%
Utilities93.374.1+26.0%
Other services104.095.5+9.0%
All items, 2008105.792.8+13.9%
$50,000 in Phoenix equals in Oklahoma City$43,753
$100,000 in Phoenix equals in Oklahoma City$87,506
$150,000 in Phoenix equals in Oklahoma City$131,259

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

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