Is Phoenix, AZ cheaper than Erie, CO?

Based on cost of living data, Phoenix, AZ is 0.4% more expensive than Erie, CO. The two cities have very similar living costs.

What salary do I need in Phoenix, AZ to live like I do in Erie, CO?

If you earn $150,000 in Erie, CO, you'd need approximately $150,341.199 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Erie, CO and Phoenix, AZ?

Housing in Phoenix, AZ is 2.0% more expensive than in Erie, CO. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $2,073/month in Erie, CO.

How much can I save per month by moving from Erie, CO to Phoenix, AZ?

Erie, CO and Phoenix, AZ have very similar costs of living, based on a $150,000 salary.

Erie, CO vs Phoenix, AZ: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

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

Current salary in Erie, CO

Numbers update automatically as you type

You'd spend $28.43/month more in Phoenix, AZ

$150.0K in your current city equals $150.3K in Phoenix, AZ

Rent data from HUD ZIP-level estimates · COL index from Denver-Aurora-Lakewood, CO area

Overall Cost

↑ 0.4%

More expensive

Monthly Impact

$28.43

Extra cost

Annual Impact

$341

Per year

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

Erie, CO

Population:35K

Cost Index:100

Median Home:$702K

Phoenix, AZ

Population:1608K

Cost Index:100

Median Home:$414K

Erie, CO

The Centennial State

35K

Population

State Tax

Yes

Located in Colorado, this city has a population of 35K residents.

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: Erie, CO vs Phoenix, AZ

Category	Erie, CO	Phoenix, AZ	Difference	Change
🚗Transportation	$1,366/mo	$1,489/mo	↑ $123more	9.0%
⚡All Utilities	$502/mo	$561/mo	↑ $59.33more	11.8%
🏠Housing	$2,732/mo	$2,788/mo	↑ $55.95more	2.0%
🛒Groceries	$995/mo	$963/mo	↓ $31.75less	3.2%
🏥Healthcare	$611/mo	$589/mo	↓ $22.37less	3.7%
📦Other	$1,658/mo	$1,677/mo	↑ $18.89more	1.1%

🚗Transportation

↑ 9.0%

Erie, CO

$1,366

Phoenix, AZ

$1,489

Difference

$123

⚡All Utilities

↑ 11.8%

Erie, CO

$502

Phoenix, AZ

$561

Difference

$59.33

🏠Housing

↑ 2.0%

Erie, CO

$2,732

Phoenix, AZ

$2,788

Difference

$55.95

🛒Groceries

↓ 3.2%

Erie, CO

$995

Phoenix, AZ

$963

Difference

$31.75

less

🏥Healthcare

↓ 3.7%

Erie, CO

$611

Phoenix, AZ

$589

Difference

$22.37

less

📦Other

↑ 1.1%

Erie, CO

$1,658

Phoenix, AZ

$1,677

Difference

$18.89

🏠Rent Comparison

Studio

From$1,541

To$1,390

↓ $151

1 Bed

From$1,692

To$1,510

↓ $182

2 Bed

From$2,073

To$1,750

↓ $323

3 Bed

From$2,828

To$2,330

↓ $498

Erie, COZIP-level data

1BR range: $2,130–$2,130/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.

$7,865

Monthly in Erie, CO

$8,068

Monthly in Phoenix, AZ

$203

Difference

Home Values

Erie

Phoenix

$702K

Median Value

$414K

↓ -2.7%

YoY Change

↓ -3.1%

↑ +24.2%

5-Year Change

↑ +30.2%

$702K

Price Range

$274K - $957K

Homes in Phoenix are 41% less expensive than Erie

Calculate payment - Erie Calculate payment - Phoenix

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $1.4K

Per year

Monthly Difference

$114

More take-home

Effective Rate Diff

0.9%

Rate difference

Erie, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

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

Erie, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

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.