Cost of LivingUpdated 2026-03-23

Phoenix, Arizona

In Phoenix, Arizona, a gallon of regular gas costs $4.54 as of 2026-03-23 — $1.09 above the national average of $3.45. The average monthly rent for all unit types is $1,519.02, compared to the national average of $1,900. Grocery inflation is running at 3.32% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Phoenix's cost-of-living index of 100 puts it below the national average of 100.

StatesArizonaPhoenix

Key Numbers

Gas (Regular)

$4.54

National: $3.45

197.3%vs. 2022

Avg Rent (All)

$1,519.02

National: $1,900

87.2%vs. 2022

Grocery Inflation

3.32%

Year-over-year

Fast Food Avg

$12.96

Combo meal

4.5%YoY

Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$1.85$2.18$2.82$4.22$2.32+25.4%
Milk (gallon)$3.64$3.89$3.85$4.01$4.09+12.4%
Ground Beef (lb)$4.07$5.05$5.36$5.52$5.57+36.9%
Bread (loaf)$2.14$2.83$3.03$3.15$3.18+48.6%
Chicken Breast (lb)$3.77$3.96$4.04$4.04$4.04+7.2%
Butter (lb)$4.33$4.90$5.15$5.30$5.51+27.3%
Bacon (lb)$6.30$6.80$7.35$7.72$7.95+26.2%
Cheddar Cheese (lb)$5.86$6.51$6.84$6.97$6.97+18.9%
Pasta (lb)$1.48$1.79$1.86$1.95$2.01+35.8%
Rice (5 lb)$4.16$4.83$5.02$5.22$5.32+27.9%
Coffee (12 oz)$8.33$9.90$10.69$11.11$11.44+37.3%
Orange Juice (64 oz)Citrus shortage$3.91$4.61$5.02$5.43$5.65+44.5%
Potatoes (5 lb)$3.88$4.03$4.11$4.28$4.41+13.7%
Apples (3 lb)$4.46$4.59$4.77$5.01$5.11+14.6%
Tomatoes (lb)$2.29$2.59$2.69$2.85$2.96+29.3%
Lettuce (head)$1.80$1.96$2.14$2.20$2.27+26.1%
Cooking Oil (48 oz)$5.50$7.01$7.72$7.95$8.11+47.5%
Yogurt (32 oz)$4.07$4.48$4.75$4.89$5.04+23.8%
Cereal (family size)$4.85$5.52$5.97$6.21$6.40+32.0%
Frozen Pizza$6.20$7.29$7.79$8.09$8.50+37.1%

Dining & Restaurants

Fast Food Meal

$12.96

Casual Dining

$26.52

Monthly Spend

$396.06

+4.47% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $8.04

$12.96

+61.2%

Wendy's

2022: $9.07

$14.00

+54.4%

Chipotle

2022: $9.72

$14.52

+49.4%

Starbucks

2022: $4.68

$6.50

+38.9%

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