Cost of LivingUpdated 2026-04-01

Phoenix, Arizona

In Phoenix, Arizona, a gallon of regular gas costs $4.70 as of 2026-04-01 — $0.63 above the national average of $4.06. The average monthly rent for all unit types is $1,724, compared to the national average of $1,900. Grocery inflation is running at 5.27% 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.

Key Numbers

Gas (Regular)

$4.70

National: $4.06

204.9%since 2000
AAA Gas Prices

Avg Rent (All)

$1,724

National: $1,900

21.2%since 2000
Zillow ZORI Metro (2026-02)

Grocery Inflation

5.27%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$13.00

Combo meal

4.5%YoY

Electricity

15.61¢

per kWh · ~$140/mo

10.2%vs US avg
EIA Residential

Car Insurance

$202/mo

$2,420/yr

12.6%vs national avg
Bankrate/NAIC

Median Household Income

$85,518

32.4% goes to essentials

32.4%cost burden
Census ACS 2023
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Car Insurance

Avg $2,420 in Phoenix. Compare rates:

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Find Apartments

Avg rent $1,724/mo in Phoenix. Browse listings:

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Grocery Prices

Grocery Prices — 2000 to Present

National BLS averages · submit local prices below ↓

Eggs (dozen)

Bird flu volatility

$2.58 BLS avg

$2.29 @ Fry's Food And Drug - Frys Food And Drug Phoenix (FRYS)

+156.4%

Milk (gallon)

$4.10 BLS avg

$2.69 @ Fry's Food And Drug - Frys Food And Drug Phoenix (FRYS)

+44.6%

Ground Beef (lb)

$6.75 BLS avg

+354.4%

Bread (loaf)

$1.84 BLS avg

$2.49 @ Fry's Food And Drug - Frys Food And Drug Phoenix (FRYS)

+104.0%

Chicken Breast (lb)

$2.04 BLS avg

$5.00 @ Fry's Food And Drug - Frys Food And Drug Phoenix (FRYS)

+93.5%

Butter (lb)

$5.51 BLS avg

$6.99 @ Fry's Food And Drug - Frys Food And Drug Phoenix (FRYS)

+27.3%

Bacon (lb)

$7.95 BLS avg

+26.2%

Cheddar Cheese (lb)

$6.97 BLS avg

+18.9%

Pasta (lb)

$2.01 BLS avg

+35.8%

Rice (5 lb)

$5.32 BLS avg

+27.9%

Coffee (12 oz)

$11.44 BLS avg

+37.3%

Orange Juice (64 oz)

Citrus shortage

$5.65 BLS avg

+44.5%

Potatoes (5 lb)

$4.41 BLS avg

+13.7%

Apples (3 lb)

$5.11 BLS avg

+14.6%

Tomatoes (lb)

$2.96 BLS avg

+29.3%

Lettuce (head)

$2.27 BLS avg

+26.1%

Cooking Oil (48 oz)

$8.11 BLS avg

+47.5%

Yogurt (32 oz)

$5.04 BLS avg

+23.8%

Cereal (family size)

$6.40 BLS avg

+32.0%

Frozen Pizza

$8.50 BLS avg

+37.1%

Dining & Restaurants

Fast Food Meal

$13.00

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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Looking for an Apartment in Phoenix?

Average 1BR: $1,414/mo · 2BR: $2,034/mo

Browse Phoenix Apartments →

Local Workforce

2024 · BLS QCEW

Total Jobs

2281k

Median Weekly Pay

$1,420

$74k/yr

Top Sector

Trade, Transportation & Utilities

Household vs Worker Pay

$86k

household median

Employment by Sector — Phoenix

% of local workforce · avg weekly wage · 5-year growth trend

Trade, Transportation & Utilities
+14.4% 5yr$1,288/wk
19.7%

~$67k/yr

Education & Health Services
+20.2% 5yr$1,288/wk
17.3%

~$67k/yr

Professional & Business Services
+0.7% 5yr$1,603/wk
15.5%

~$83k/yr

Leisure & Hospitality
+12.0% 5yr$715/wk
11.1%

~$37k/yr

Financial Activities
-1.6% 5yr$1,915/wk
8.2%

~$100k/yr

Source: BLS QCEW 2024 Annual · County FIPS 04013

Highest Paying Sector

Construction

$1,934/wk · $101k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$715/wk · $37k/yr

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