Cost of Living in Phoenix, OR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
117.1
100 = national avg
+17.1 vs national average
Living Wage (1 Adult)
$51,526
per year
Living Wage (Family of 4)
$121,789
per year
Cost Index by Category
Housing155.0
Food96.4
Transportation92.7
Healthcare97.1
Utilities108.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,229
per month
2 Bedroom
$1,530
per month
The overall cost of living index in Phoenix is 117.1, which is 17.1% above the national average. Housing costs are above the national average at an index of 155.0. A single adult needs to earn approximately $51,526 per year to cover basic expenses.