Denver, CO · Phoenix, AZ

Cost of Living: Denver vs Phoenix

Living in Phoenix, AZ costs 2.3% less than in Denver, CO: a $100,000 salary in Denver, CO buys what $97,669 buys in Phoenix, AZ, based on BEA regional price parities for 2024.

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Denver vs Phoenix: prices, pay and housing

Denver, COPhoenix, AZ
BEA price parity (U.S. = 100)105.8103.3
Average salary, all jobs$81,690$69,630
Median salary, all jobs$62,320$51,380
Average salary adjusted for prices$77,225$67,395
Take-home on the average salary*$63,413$56,468
Typical home value$573,221$448,352
Median household income$102,339$84,703
Home price / household income5.65.3
Metro population2,977,0854,941,206

*Single filer, federal and state income tax and FICA (2026 rules); city income taxes included where we model them.

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Equivalent salary: Denver to Phoenix

To keep the same standard of living when moving from Denver to Phoenix, multiply your salary by 0.977.

Salary in DenverSame buying power in Phoenix
$50,000 in Denver$48,834 in Phoenix
$75,000 in Denver$73,252 in Phoenix
$100,000 in Denver$97,669 in Phoenix
$150,000 in Denver$146,503 in Phoenix
$200,000 in Denver$195,338 in Phoenix

Salaries for common jobs in Denver and Phoenix

JobDenverPhoenixAdjusted for prices
General and Operations Managers$171,600$132,100$162,220 / $127,860
Retail Salespersons$41,980$38,580$39,685 / $37,342
Customer Service Representatives$52,050$48,550$49,205 / $46,992
Home Health and Personal Care Aides$40,800$36,850$38,570 / $35,667
Laborers and Freight, Stock, and Material Movers, Hand$47,700$44,840$45,093 / $43,401
Fast Food and Counter Workers$38,240$35,560$36,150 / $34,419
Registered Nurses$100,920$101,090$95,404 / $97,845
Cashiers$39,190$35,960$37,048 / $34,806
Stockers and Order Fillers$44,510$41,210$42,077 / $39,887
Waiters and Waitresses$51,870$53,370$49,035 / $51,657
Office Clerks, General$57,860$50,560$54,697 / $48,937
Heavy and Tractor-Trailer Truck Drivers$66,130$59,790$62,515 / $57,871
Software Developers$149,400$135,520$141,234 / $131,170
Construction Laborers$50,940$48,670$48,156 / $47,108
Janitors and Cleaners, Except Maids and Housekeeping Cleaners$42,130$38,120$39,827 / $36,897
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Average salary vs. price-adjusted salary

Adjusted = average salary divided by the BEA price parity: what it buys in a typical U.S. metro.

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Denver vs Phoenix: questions

Is Denver more expensive than Phoenix?

Yes. BEA prices are 105.8 in Denver, CO and 103.3 in Phoenix, AZ (U.S. = 100).

What salary do I need in Phoenix to match $100,000 in Denver?

About $97,669, before taxes.

Where do salaries go further, Denver or Phoenix?

Denver, CO: once prices are counted, its average salary buys more.

Sources and how to read this page

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