Quick answer
Overall prices in the Phoenix, AZ metro were 103.3 vs 106.4 in Riverside, CA in 2024 (US = 100), so Phoenix is 2.9% less expensive than Riverside; housing rents differ by 6% (121.2 vs 129.3). A $75,000 income in Phoenix buys about what $77,269 buys in Riverside, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Phoenix | Riverside | Phoenix vs Riverside |
|---|---|---|---|
| All items | 103.3 | 106.4 | -2.9% |
| Goods | 95.0 | 101.4 | -6.3% |
| Housing (rents) | 121.2 | 129.3 | -6.2% |
| Utilities | 93.3 | 148.6 | -37.2% |
| Other services | 104.0 | 101.3 | +2.7% |
| All items, 2008 | 105.7 | 106.3 | -0.6% |
| $50,000 in Phoenix equals in Riverside | $51,513 | ||
| $100,000 in Phoenix equals in Riverside | $103,026 | ||
| $150,000 in Phoenix equals in Riverside | $154,539 |
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Last updated 2026-10-16. Data only, not financial or tax advice.