Is Phoenix, AZ cheaper than Frankfort, KY?

Based on cost of living data, Phoenix, AZ is 17.2% more expensive than Frankfort, KY. This translates to spending an extra $1287 per month.

What salary do I need in Phoenix, AZ to live like I do in Frankfort, KY?

If you earn $150,000 in Frankfort, KY, you'd need approximately $165,444.043 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Frankfort, KY and Phoenix, AZ?

Housing in Phoenix, AZ is 39.9% more expensive than in Frankfort, KY. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $805/month in Frankfort, KY.

How much can I save per month by moving from Frankfort, KY to Phoenix, AZ?

Living in Phoenix, AZ costs approximately $1287 more per month than Frankfort, KY, or $15444 more per year, based on a $150,000 salary.

Frankfort, KY vs Phoenix, AZ: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Frankfort, KY — COL adjusted from Lexington, KY area + state data

Current salary in Frankfort, KY

Numbers update automatically as you type

You'd spend $1.3K/month more in Phoenix, AZ

$150.0K in your current city equals $165.4K in Phoenix, AZ

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

Overall Cost

↑ 17.2%

More expensive

Monthly Impact

$1,287

Extra cost

Annual Impact

$15.4K

Per year

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

Frankfort, KY

Population:28K

Cost Index:100

Median Home:$345K

Phoenix, AZ

Population:1608K

Cost Index:117

Median Home:$414K

Frankfort, KY

The Bluegrass State

28K

Population

State Tax

Yes

Located in Kentucky, this city has a population of 28K 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: Frankfort, KY vs Phoenix, AZ

Category	Frankfort, KY	Phoenix, AZ	Difference	Change
🏠Housing	$1,994/mo	$2,788/mo	↑ $795more	39.9%
🚗Transportation	$1,151/mo	$1,489/mo	↑ $337more	29.3%
📦Other	$1,554/mo	$1,677/mo	↑ $124more	8.0%
⚡All Utilities	$452/mo	$561/mo	↑ $109more	24.1%
🏥Healthcare	$537/mo	$589/mo	↑ $51.94more	9.7%
🛒Groceries	$934/mo	$963/mo	↑ $29.69more	3.2%

🏠Housing

↑ 39.9%

Frankfort, KY

$1,994

Phoenix, AZ

$2,788

Difference

$795

🚗Transportation

↑ 29.3%

Frankfort, KY

$1,151

Phoenix, AZ

$1,489

Difference

$337

📦Other

↑ 8.0%

Frankfort, KY

$1,554

Phoenix, AZ

$1,677

Difference

$124

⚡All Utilities

↑ 24.1%

Frankfort, KY

$452

Phoenix, AZ

$561

Difference

$109

🏥Healthcare

↑ 9.7%

Frankfort, KY

$537

Phoenix, AZ

$589

Difference

$51.94

🛒Groceries

↑ 3.2%

Frankfort, KY

$934

Phoenix, AZ

$963

Difference

$29.69

🏛️ Local Income Taxes

Frankfort, KY: Frankfort Occupational Tax$3,000/yr (2.0%)

Phoenix, AZ has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$580

To$1,390

↑ $810

1 Bed

From$660

To$1,510

↑ $850

2 Bed

From$805

To$1,750

↑ $945

3 Bed

From$1,087

To$2,330

↑ $1,243

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.

$6,621

Monthly in Frankfort, KY

$8,068

Monthly in Phoenix, AZ

$1,447

Difference

Home Values

Frankfort

Phoenix

Median Value

$414K

YoY Change

↓ -3.1%

5-Year Change

↑ +30.2%

Price Range

$274K - $957K

Calculate payment - Phoenix

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $2.3K

Per year

Monthly Difference

$189

More take-home

Effective Rate Diff

1.5%

Rate difference

Frankfort, KY

Federal Income Tax

Effective: 18.9%

$25.5K

Kentucky State Tax

Effective: 5.0%

$7.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.7%

$44.5K

Take-Home Pay

$8,791/month

$105.5K

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

Frankfort, KY Tax Rates

Sales Tax:6.0%

Property Tax:0.9%

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.

Environment

Frankfort

Phoenix

41 Good

Air Quality

77 Moderate

79.2%

Good Air Days

92 Moderate

Climate Risk

100 Very High

🌪💨

Top Hazards

🔥🌊🌡

▲+3.0°F

2050 Outlook

▲+2.7°F

21 days

Heat Days >95°F

162 days

▲+3.0°F

2050 Outlook

▲+2.7°F

21 days

Heat Days >95°F

162 days

💰 See how taxes change too — compare take-home pay between Kentucky and Arizona on TaxTakeHome.com

Where your money goes further

Cities cheaper than Frankfort, KY on a $150.0K salary

Similar cost to Phoenix, AZ

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Want to compare different cities?

New Comparison

You'd spend $1.3K/month more in Phoenix, AZ

Frankfort, KY

Phoenix, AZ

Frankfort, KY

Phoenix, AZ

Notable Facts

Major Industries

Cost Breakdown by Category

🏛️ Local Income Taxes

🏠Rent Comparison

📍 Rent by ZIP Code39 ZIPs

Home Values

🏠 Home Values by ZIP39 ZIPs

Tax Comparison

Frankfort, KY

Phoenix, AZ

Additional Tax Information

Frankfort, KY Tax Rates

Phoenix, AZ Tax Rates

Environment

Where your money goes further

Similar cost to Phoenix, AZ