Average Rent Cost in Phoenix, AZ

COL Index: 100.4 Pop: 1,608,139 ↑ Rising

The average rent cost cost in Phoenix, AZ is $0 per month, which is 100.0% below the national average of $1,372.

Rent Costs: Phoenix vs. National Average

Metric Phoenix National Average Difference Trend
Rent (Monthly) $0 $1,372 -100% ↑ Rising

Full Cost of Living Breakdown for Phoenix

Expense Category Phoenix (Monthly) National Average Difference
Rent $1,350 $1,372 -1.6%
Groceries $470 $475 -1.1%
Utilities $225 $185 +21.6%
Transportation $245 $225 +8.9%
Childcare $1,350 $1,450 -6.9%
Healthcare $470 $475 -1.1%
Dining Out $285 $290 -1.7%
Total Monthly $4,395

Monthly Budget Recommendation for Phoenix

Based on current cost of living data, plan for approximately $4,395 per month to cover all major living expenses in Phoenix, AZ.

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Average Rent Cost in Phoenix, AZ

The average monthly rent cost cost in Phoenix, AZ is $0, which is 100.0% lower than the national average of $1,372 per month.

Phoenix has a cost of living index of 100.4 (100 = national average).

Data sourced from BLS Consumer Expenditure Survey, Census Bureau American Community Survey (ACS), and HUD Fair Market Rents. Figures reflect 2026 estimates and may vary based on household size and lifestyle.