Quick answer
Overall prices in the Philadelphia, PA metro were 102.6 vs 103.3 in Phoenix, AZ in 2024 (US = 100), so Philadelphia is 0.7% less expensive than Phoenix; housing rents differ by 7% (113.1 vs 121.2). A $75,000 income in Philadelphia buys about what $75,557 buys in Phoenix, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Philadelphia | Phoenix | Philadelphia vs Phoenix |
|---|---|---|---|
| All items | 102.6 | 103.3 | -0.7% |
| Goods | 96.8 | 95.0 | +1.9% |
| Housing (rents) | 113.1 | 121.2 | -6.7% |
| Utilities | 114.4 | 93.3 | +22.6% |
| Other services | 103.1 | 104.0 | -0.9% |
| All items, 2008 | 106.4 | 105.7 | +0.7% |
| $50,000 in Philadelphia equals in Phoenix | $50,372 | ||
| $100,000 in Philadelphia equals in Phoenix | $100,743 | ||
| $150,000 in Philadelphia equals in Phoenix | $151,115 |
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Last updated 2026-10-16. Data only, not financial or tax advice.