Is Phoenix, AZ cheaper than Lexington, MA?

Based on cost of living data, Phoenix, AZ is 25.9% cheaper than Lexington, MA. This translates to saving $1945 per month.

What salary do I need in Phoenix, AZ to live like I do in Lexington, MA?

If you earn $150,000 in Lexington, MA, you'd need approximately $126,663.749 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Lexington, MA and Phoenix, AZ?

Housing in Phoenix, AZ is 37.2% cheaper than in Lexington, MA. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $2,464/month in Lexington, MA.

How much can I save per month by moving from Lexington, MA to Phoenix, AZ?

Moving from Lexington, MA to Phoenix, AZ could save you approximately $1945 per month, or $23336 per year, based on a $150,000 salary.

Lexington, MA vs Phoenix, AZ: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Lexington, MA — COL adjusted from Boston, MA area + state data

Current salary in Lexington, MA

Numbers update automatically as you type

You'd save $1.9K/month moving to Phoenix, AZ

$150.0K in your current city equals $126.7K in Phoenix, AZ

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

Overall Cost

↓ 25.9%

Less expensive

Monthly Impact

$1,945

Savings

Annual Impact

$23.3K

Per year

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

Lexington, MA

Population:34K

Cost Index:100

Median Home:$961K

Phoenix, AZ

Population:1608K

Cost Index:74

Median Home:$414K

Lexington, MA

The Bay State

34K

Population

State Tax

Yes

Located in Massachusetts, this city has a population of 34K 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: Lexington, MA vs Phoenix, AZ

Category	Lexington, MA	Phoenix, AZ	Difference	Change
🏠Housing	$4,440/mo	$2,788/mo	↓ $1,651less	37.2%
🚗Transportation	$1,712/mo	$1,489/mo	↓ $223less	13.0%
⚡All Utilities	$692/mo	$561/mo	↓ $131less	18.9%
🏥Healthcare	$719/mo	$589/mo	↓ $130less	18.1%
🛒Groceries	$1,044/mo	$963/mo	↓ $80.29less	7.7%
📦Other	$1,706/mo	$1,677/mo	↓ $28.85less	1.7%

🏠Housing

↓ 37.2%

Lexington, MA

$4,440

Phoenix, AZ

$2,788

Difference

$1,651

less

🚗Transportation

↓ 13.0%

Lexington, MA

$1,712

Phoenix, AZ

$1,489

Difference

$223

less

⚡All Utilities

↓ 18.9%

Lexington, MA

$692

Phoenix, AZ

$561

Difference

$131

less

🏥Healthcare

↓ 18.1%

Lexington, MA

$719

Phoenix, AZ

$589

Difference

$130

less

🛒Groceries

↓ 7.7%

Lexington, MA

$1,044

Phoenix, AZ

$963

Difference

$80.29

less

📦Other

↓ 1.7%

Lexington, MA

$1,706

Phoenix, AZ

$1,677

Difference

$28.85

less

🏠Rent Comparison

Studio

From$1,709

To$1,390

↓ $319

1 Bed

From$1,987

To$1,510

↓ $477

2 Bed

From$2,464

To$1,750

↓ $714

3 Bed

From$3,179

To$2,330

↓ $849

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.

$10,312

Monthly in Lexington, MA

$8,068

Monthly in Phoenix, AZ

$2,244

Difference

Home Values

Lexington

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

Lexington, MA

Federal Income Tax

Effective: 18.9%

$25.5K

Massachusetts 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

Lexington, MA Tax Rates

Sales Tax:6.3%

Property Tax:1.2%

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.