Is Central Phoenix Expensive?

Phoenix, United States

-5% vs Phoenix avg

Living in Central Phoenix, Phoenix

Central Phoenix is a moderately-priced area within Phoenix, with a cost of living index of 56.0 — that is -5% compared to the Phoenix average. It sits around the middle of the pack at #13 out of 30 neighborhoods. Estimated rent for a one-bedroom apartment here is around $1,378/month, compared to a range of $1,015 in Avondale to $2,030 in Paradise Valley.

Monthly Budget Breakdown

For a typical resident of Central Phoenix, housing takes up roughly 42% of monthly expenses. Food and groceries account for about 16%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $55,100 before tax.

Typical Salaries in Central Phoenix

Salaries in Central Phoenix reflect the local cost of living. Based on the neighborhood COLI of 56.0:

After tax and deductions of 21.6% in United States, take-home pay for someone earning $55,100 would be roughly $43,198/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

56.0
COLI Index
0.95x
vs City Avg
$1,378
Est. 1BR Rent
#13
of 30 Areas
21.6%
Total Deductions

Tax & Deductions in Central Phoenix

Estimated annual deductions on a $42,000 salary in Central Phoenix, Phoenix (local employee).

Income Tax
11%
Social Security + Medicare (FICA)
7.6%
State Income Tax (AZ)
2.5%
Total Deductions: 21.6%
Est. Take-Home: $32,929/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Central Phoenix would need to be elsewhere:

City Currency Equivalent
New York USD $42,000
London GBP £36,145
Dubai AED AED 210,159

Other Neighborhoods in Phoenix

Neighborhood COLI Multiplier vs Avg
Paradise Valley 82.5 1.40x +40%
Scottsdale (Old Town) 76.6 1.30x +30%
Biltmore 75.4 1.28x +28%
Arcadia 73.6 1.25x +25%
Scottsdale (North) 71.9 1.22x +22%

View all 30 neighborhoods in Phoenix →

Convert Your Salary

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Central Phoenix:

Mt Albert, Auckland Danforth, Toronto Preston, Melbourne Box Hill, Melbourne Hamm, Luxembourg City Leith, Edinburgh

Frequently Asked Questions

Is Central Phoenix expensive in Phoenix?

Central Phoenix is one of the more affordable neighborhoods in Phoenix. It costs about -5% less than the city average, ranking #13 out of 30 neighborhoods.

How does Central Phoenix compare to the Phoenix average?

The cost of living in Central Phoenix is below the Phoenix average. With a multiplier of 0.95x, everyday expenses including rent, food, and transportation are -5% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.