Greater Phoenix: Affordable living without sacrificing excitement
Greater Phoenix offers the diverse amenities of a major metropolitan region, without the high cost of living. As one of the most dynamic and rapidly growing regions in the nation, living and working here is both exciting and affordable.
Lower Cost of Living
Greater Phoenix scores below the national average in cost of living categories such as groceries, housing, utilities, transportation and healthcare.
Greater Phoenix offers diverse housing options throughout each of its communities.
Low Tax Position
Low personal income taxes and low effective property tax rates offer affordability and opportunities for everyone to thrive.
The median home price of $256,000 puts the region below the national average for housing costs
The median household income in Greater Phoenix is $55,227
Personal income tax rates range from 2.59% to 4.54%
More than a low-cost region, Greater Phoenix offers an exceptional quality of life.
Median Two Bedroom Price
|Salt Lake City||$1,064|
*Source: Apartment List, September 2018
Affordable Lifestyle With an Inclusive Culture
Greater Phoenix has something for everyone — regardless of lifestyle or interests. The region provides an affordable lifestyle while offering all of the amenities, activities, and events expected of a major metropolitan region. Just because the cost of living in Phoenix is lower doesn’t mean your quality of life is compromised, in fact, it is quite the opposite. Enjoy everything Greater Phoenix has to offer with the money you save from the affordable cost of living here!
Housing is especially affordable in the region, and residents can choose from urban environments with high-rise condominiums to traditional neighborhoods with historic homes to luxury mountainside estates. City developers have worked to provide different styles of communities and housing options to fit the needs of a large population. Whatever style home you prefer can be found in Greater Phoenix at an affordable cost.
More to Spend on Attractions
With the Phoenix cost of living rating below the national average, residents can spend more time enjoying the arts and culture scene, and thousands of attractions and events throughout the region — rather than spending their money on costly housing.