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Cost of Living Comparison 2026

๐Ÿ“ Canyon Lake, TX โ€” COL adjusted from San Antonio, TX area + state data

$

Numbers update automatically as you type

You'd spend $1.8K/month more in Phoenix, AZ

$150.0K in your current city equals $171.3K in Phoenix, AZ

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†‘ 23.6%
More expensive
Monthly Impact
$1,773
Extra cost
Annual Impact
$21.3K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Canyon Lake, TX

Population:31K
Cost Index:100
Median Home:$215K

Phoenix, AZ

Population:1608K
Cost Index:124
Median Home:$414K

Canyon Lake, TX

The Lone Star State

31K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 31K residents.

๐Ÿ’ก Advantage: Texas has no state income tax!

Phoenix, AZ

The Grand Canyon State

1.6M
Population
State Tax
Yes
Climate
Hot desert

Notable Facts

  • โ€ขFastest growing major city
  • โ€ขDesert metropolis
  • โ€ขSpring training capital

Major Industries

TechnologyHealthcareTourismManufacturing

Cost Breakdown by Category

Annual spending: Canyon Lake, TX vs Phoenix, AZ

๐Ÿ Housing
โ†‘ 60.9%
Canyon Lake, TX
$1,733
Phoenix, AZ
$2,788
Difference
$1,055
more
๐Ÿš—Transportation
โ†‘ 26.2%
Canyon Lake, TX
$1,180
Phoenix, AZ
$1,489
Difference
$309
more
๐Ÿ“ฆOther
โ†‘ 11.0%
Canyon Lake, TX
$1,511
Phoenix, AZ
$1,677
Difference
$166
more
๐Ÿ›’Groceries
โ†‘ 10.1%
Canyon Lake, TX
$875
Phoenix, AZ
$963
Difference
$88.58
more
โšกAll Utilities
โ†‘ 18.2%
Canyon Lake, TX
$475
Phoenix, AZ
$561
Difference
$86.52
more
๐ŸฅHealthcare
โ†‘ 16.7%
Canyon Lake, TX
$504
Phoenix, AZ
$589
Difference
$84.22
more

๐Ÿ Rent Comparison

Studio
From$585
To$1,390
โ†‘ $805
1 Bed
From$663
To$1,510
โ†‘ $847
2 Bed
From$819
To$1,750
โ†‘ $931
3 Bed
From$1,130
To$2,330
โ†‘ $1,200
Phoenix, AZZIP-level data

1BR range: $1,300โ€“$2,380/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,278
Monthly in Canyon Lake, TX
$8,068
Monthly in Phoenix, AZ
$1,790
Difference

Home Values

Canyon Lake
Phoenix
-
Median Value
$414K
-
YoY Change
โ†“ -3.1%
-
5-Year Change
โ†‘ +30.2%
-
Price Range
$274K - $957K

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†“ $5.2K
More taxes
Monthly Difference
$436
Less take-home
Effective Rate Diff
3.5%
Rate difference

Canyon Lake, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Phoenix, AZ

Federal Income Tax
Effective: 18.9%
$25.5K
Arizona State Tax
Effective: 3.5%
$5.2K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 28.2%
$42.2K
Take-Home Pay
$8,979/month
$107.8K

Additional Tax Information

Canyon Lake, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

Phoenix, AZ Tax Rates

Sales Tax:8.5%
Property Tax:0.6%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Canyon Lake
Phoenix
52 Moderate
Air Quality
77 Moderate
47.5%
Good Air Days
9%
99 High
Climate Risk
100 Very High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐Ÿ”ฅ๐ŸŒŠ๐ŸŒก
โ–ฒ+2.6ยฐF
2050 Outlook
โ–ฒ+2.7ยฐF
105 days
Heat Days >95ยฐF
162 days
โ–ฒ+2.6ยฐF
2050 Outlook
โ–ฒ+2.7ยฐF
105 days
Heat Days >95ยฐF
162 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Texas and Arizona on TaxTakeHome.com

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