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 | Phoenix | Richardson | Difference |
|---|---|---|---|
| Median rent | $1,322/mo | $1,725/mo | 23.4% lower in A |
| Median home value | $340,200 | $379,800 | 10.4% lower in A |
| Median household income | $72,092 | $94,362 | 23.6% lower in A |
| Groceries index | 103.1 | 106.2 | 2.9% lower in A |
| Utilities index | 123.5 | 105.3 | 17.3% higher in A |
| Transportation index | 102.5 | 95.2 | 7.7% higher in A |
| Healthcare index | 101.2 | 116.0 | 12.7% 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 Phoenix, you'd need $111,645 in Richardson to maintain your standard of living.
Climate, safety, and demographics side by side.
Phoenix, AZ is about 10.4% cheaper overall than Richardson, TX, based on our cost-of-living index. Housing costs are roughly 23% lower in Phoenix than in Richardson. If you earn $80,000 in Phoenix, you'd need about $89,316 in Richardson to keep the same standard of living.