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Cost of living: Phoenix, AZ vs Tampa, FL (2024)

Quick answer

Overall prices in the Phoenix, AZ metro were 103.3 vs 100.9 in Tampa, FL in 2024 (US = 100), so Phoenix is 2.4% more expensive than Tampa; housing rents differ by 4% (121.2 vs 125.8). A $75,000 income in Phoenix buys about what $73,239 buys in Tampa, 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)PhoenixTampaPhoenix vs Tampa
All items103.3100.9+2.4%
Goods95.095.5-0.5%
Housing (rents)121.2125.8-3.7%
Utilities93.388.5+5.4%
Other services104.097.6+6.6%
All items, 2008105.7103.3+2.4%
$50,000 in Phoenix equals in Tampa$48,826
$100,000 in Phoenix equals in Tampa$97,652
$150,000 in Phoenix equals in Tampa$146,478

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

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