Is Phoenix, AZ cheaper than Owatonna, MN?

Based on cost of living data, Phoenix, AZ is 8.2% more expensive than Owatonna, MN. This translates to spending an extra $618 per month.

What salary do I need in Phoenix, AZ to live like I do in Owatonna, MN?

If you earn $150,000 in Owatonna, MN, you'd need approximately $157,419.739 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Owatonna, MN and Phoenix, AZ?

Housing in Phoenix, AZ is 26.3% more expensive than in Owatonna, MN. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $888/month in Owatonna, MN.

How much can I save per month by moving from Owatonna, MN to Phoenix, AZ?

Living in Phoenix, AZ costs approximately $618 more per month than Owatonna, MN, or $7420 more per year, based on a $150,000 salary.

Owatonna, MN vs Phoenix, AZ: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Owatonna, MN — ZIP-level rent data · COL adjusted from Saint Paul, MN area

Current salary in Owatonna, MN

Numbers update automatically as you type

You'd spend $618/month more in Phoenix, AZ

$150.0K in your current city equals $157.4K in Phoenix, AZ

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

Overall Cost

↑ 8.2%

More expensive

Monthly Impact

$618

Extra cost

Annual Impact

$7.4K

Per year

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

Owatonna, MN

Population:27K

Cost Index:100

Median Home:$285K

Phoenix, AZ

Population:1608K

Cost Index:108

Median Home:$414K

Owatonna, MN

The North Star State

27K

Population

State Tax

Yes

Located in Minnesota, this city has a population of 27K 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: Owatonna, MN vs Phoenix, AZ

Category	Owatonna, MN	Phoenix, AZ	Difference	Change
🏠Housing	$2,209/mo	$2,788/mo	↑ $580more	26.3%
🚗Transportation	$1,253/mo	$1,489/mo	↑ $236more	18.9%
🏥Healthcare	$720/mo	$589/mo	↓ $132less	18.3%
📦Other	$1,566/mo	$1,677/mo	↑ $112more	7.1%
⚡All Utilities	$484/mo	$561/mo	↑ $76.94more	15.9%
🛒Groceries	$981/mo	$963/mo	↓ $17.46less	1.8%

🏠Housing

↑ 26.3%

Owatonna, MN

$2,209

Phoenix, AZ

$2,788

Difference

$580

🚗Transportation

↑ 18.9%

Owatonna, MN

$1,253

Phoenix, AZ

$1,489

Difference

$236

🏥Healthcare

↓ 18.3%

Owatonna, MN

$720

Phoenix, AZ

$589

Difference

$132

less

📦Other

↑ 7.1%

Owatonna, MN

$1,566

Phoenix, AZ

$1,677

Difference

$112

⚡All Utilities

↑ 15.9%

Owatonna, MN

$484

Phoenix, AZ

$561

Difference

$76.94

🛒Groceries

↓ 1.8%

Owatonna, MN

$981

Phoenix, AZ

$963

Difference

$17.46

less

🏠Rent Comparison

Studio

From$610

To$1,390

↑ $780

1 Bed

From$679

To$1,510

↑ $831

2 Bed

From$888

To$1,750

↑ $862

3 Bed

From$1,204

To$2,330

↑ $1,126

Owatonna, MNZIP-level data

1BR range: $880–$880/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.

$7,212

Monthly in Owatonna, MN

$8,068

Monthly in Phoenix, AZ

$856

Difference

Home Values

Owatonna

Phoenix

$285K

Median Value

$414K

↑ +3%

YoY Change

↓ -3.1%

↑ +37.2%

5-Year Change

↑ +30.2%

$285K

Price Range

$274K - $957K

Homes in Phoenix are 45% more expensive than Owatonna

Calculate payment - Owatonna 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

Per year

Monthly Difference

$433

More take-home

Effective Rate Diff

3.5%

Rate difference

Owatonna, MN

Federal Income Tax

Effective: 18.9%

$25.5K

Minnesota State Tax

Effective: 7.0%

$10.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.6%

$47.4K

Take-Home Pay

$8,546/month

$102.6K

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

Owatonna, MN Tax Rates

Sales Tax:8.0%

Property Tax:1.1%

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.