City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Parker | Phoenix | Difference |
|---|---|---|---|
| Median rent | $1,885/mo | $1,322/mo | 42.6% higher in A |
| Median home value | $573,000 | $340,200 | 68.4% higher in A |
| Median household income | $126,615 | $72,092 | 75.6% higher in A |
| Groceries index | 101.9 | 97.7 | 4.2% higher in A |
| Utilities index | 99.0 | 102.9 | 3.7% lower in A |
| Transportation index | 101.0 | 104.2 | 3.1% lower in A |
| Healthcare index | 100.8 | 104.0 | 3.1% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Parker, you'd need $89,585 in Phoenix to maintain your standard of living.
Climate, safety, and demographics side by side.
Phoenix, AZ is about 10.4% cheaper overall than Parker, CO, based on our cost-of-living index. Housing costs are roughly 21% lower in Phoenix than in Parker. If you earn $80,000 in Parker, you'd need about $71,668 in Phoenix to keep the same standard of living.