Is Phoenix, AZ cheaper than Cheyenne, WY?

Based on cost of living data, Phoenix, AZ is 10.4% more expensive than Cheyenne, WY. This translates to spending an extra $777 per month.

What salary do I need in Phoenix, AZ to live like I do in Cheyenne, WY?

If you earn $150,000 in Cheyenne, WY, you'd need approximately $159,322.993 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Cheyenne, WY and Phoenix, AZ?

Housing in Phoenix, AZ is 12.2% more expensive than in Cheyenne, WY. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $874/month in Cheyenne, WY.

How much can I save per month by moving from Cheyenne, WY to Phoenix, AZ?

Living in Phoenix, AZ costs approximately $777 more per month than Cheyenne, WY, or $9323 more per year, based on a $150,000 salary.

Cheyenne, WY vs Phoenix, AZ: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Cheyenne, WY — ZIP-level rent data · COL adjusted from Denver, CO area

Current salary in Cheyenne, WY

Numbers update automatically as you type

You'd spend $777/month more in Phoenix, AZ

$150.0K in your current city equals $159.3K in Phoenix, AZ

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↑ 10.4%

More expensive

Monthly Impact

$777

Extra cost

Annual Impact

$9.3K

Per year

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

Cheyenne, WY

Population:65K

Cost Index:100

Median Home:$335K

Phoenix, AZ

Population:1608K

Cost Index:110

Median Home:$414K

Cheyenne, WY

The Equality State

65K

Population

State Tax

No Income Tax

Located in Wyoming, this city has a population of 65K residents.

💡 Advantage: Wyoming has no state income tax!

Phoenix, AZ

The Grand Canyon State

1.6M

Population

State Tax

Yes

Climate

Hot desert

Notable Facts

•Fastest growing major city
•Desert metropolis
•Spring training capital

Major Industries

TechnologyHealthcareTourismManufacturing

Cost Breakdown by Category

Annual spending: Cheyenne, WY vs Phoenix, AZ

Category	Cheyenne, WY	Phoenix, AZ	Difference	Change
🏠Housing	$2,485/mo	$2,788/mo	↑ $303more	12.2%
🚗Transportation	$1,243/mo	$1,489/mo	↑ $246more	19.8%
📦Other	$1,508/mo	$1,677/mo	↑ $169more	11.2%
⚡All Utilities	$479/mo	$561/mo	↑ $82.55more	17.2%
🛒Groceries	$949/mo	$963/mo	↑ $14.31more	1.5%
🏥Healthcare	$583/mo	$589/mo	↑ $5.91more	1.0%

🏠Housing

↑ 12.2%

Cheyenne, WY

$2,485

Phoenix, AZ

$2,788

Difference

$303

🚗Transportation

↑ 19.8%

Cheyenne, WY

$1,243

Phoenix, AZ

$1,489

Difference

$246

📦Other

↑ 11.2%

Cheyenne, WY

$1,508

Phoenix, AZ

$1,677

Difference

$169

⚡All Utilities

↑ 17.2%

Cheyenne, WY

$479

Phoenix, AZ

$561

Difference

$82.55

🛒Groceries

↑ 1.5%

Cheyenne, WY

$949

Phoenix, AZ

$963

Difference

$14.31

🏥Healthcare

↑ 1.0%

Cheyenne, WY

$583

Phoenix, AZ

$589

Difference

$5.91

🏠Rent Comparison

Studio

From$600

To$1,390

↑ $790

1 Bed

From$679

To$1,510

↑ $831

2 Bed

From$874

To$1,750

↑ $876

3 Bed

From$1,214

To$2,330

↑ $1,116

Cheyenne, WYZIP-level data

1BR range: $920–$970/mo

Phoenix, AZZIP-level data

1BR range: $1,300–$2,380/mo

💡 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.

$7,247

Monthly in Cheyenne, WY

$8,068

Monthly in Phoenix, AZ

$821

Difference

Home Values

Cheyenne

Phoenix

$335K

Median Value

$414K

↑ +4%

YoY Change

↓ -3.1%

↑ +17.8%

5-Year Change

↑ +30.2%

$312K - $479K

Price Range

$274K - $957K

Homes in Phoenix are 23% more expensive than Cheyenne

Calculate payment - Cheyenne Calculate payment - Phoenix

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $5.2K

More taxes

Monthly Difference

$436

Less take-home

Effective Rate Diff

3.5%

Rate difference

Cheyenne, WY

Federal Income Tax

Effective: 18.9%

$25.5K

Wyoming State Tax

No state income tax

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

Cheyenne, WY Tax Rates

Sales Tax:5.5%

Property Tax:0.6%

Phoenix, AZ Tax Rates

Sales Tax:8.5%

Property Tax:0.6%

💡 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.