Is Phoenix, AZ cheaper than Owings Mills, MD?

Based on cost of living data, Phoenix, AZ is 3.7% more expensive than Owings Mills, MD. This translates to spending an extra $274 per month.

What salary do I need in Phoenix, AZ to live like I do in Owings Mills, MD?

If you earn $150,000 in Owings Mills, MD, you'd need approximately $153,291.645 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Owings Mills, MD and Phoenix, AZ?

Housing in Phoenix, AZ is 5.8% more expensive than in Owings Mills, MD. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $1,317/month in Owings Mills, MD.

How much can I save per month by moving from Owings Mills, MD to Phoenix, AZ?

Living in Phoenix, AZ costs approximately $274 more per month than Owings Mills, MD, or $3292 more per year, based on a $150,000 salary.

Owings Mills, MD vs Phoenix, AZ: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Owings Mills, MD — COL adjusted from Baltimore, MD area + state data

Current salary in Owings Mills, MD

Numbers update automatically as you type

You'd spend $274/month more in Phoenix, AZ

$150.0K in your current city equals $153.3K in Phoenix, AZ

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

Overall Cost

↑ 3.7%

More expensive

Monthly Impact

$274

Extra cost

Annual Impact

$3.3K

Per year

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

Owings Mills, MD

Population:36K

Cost Index:100

Median Home:$218K

Phoenix, AZ

Population:1608K

Cost Index:104

Median Home:$414K

Owings Mills, MD

The Old Line State

36K

Population

State Tax

Yes

Located in Maryland, this city has a population of 36K 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: Owings Mills, MD vs Phoenix, AZ

Category	Owings Mills, MD	Phoenix, AZ	Difference	Change
🚗Transportation	$1,296/mo	$1,489/mo	↑ $193more	14.9%
🏠Housing	$2,636/mo	$2,788/mo	↑ $152more	5.8%
🛒Groceries	$1,056/mo	$963/mo	↓ $92.29less	8.7%
📦Other	$1,604/mo	$1,677/mo	↑ $73.63more	4.6%
⚡All Utilities	$588/mo	$561/mo	↓ $26.64less	4.5%
🏥Healthcare	$570/mo	$589/mo	↑ $18.16more	3.2%

🚗Transportation

↑ 14.9%

Owings Mills, MD

$1,296

Phoenix, AZ

$1,489

Difference

$193

🏠Housing

↑ 5.8%

Owings Mills, MD

$2,636

Phoenix, AZ

$2,788

Difference

$152

🛒Groceries

↓ 8.7%

Owings Mills, MD

$1,056

Phoenix, AZ

$963

Difference

$92.29

less

📦Other

↑ 4.6%

Owings Mills, MD

$1,604

Phoenix, AZ

$1,677

Difference

$73.63

⚡All Utilities

↓ 4.5%

Owings Mills, MD

$588

Phoenix, AZ

$561

Difference

$26.64

less

🏥Healthcare

↑ 3.2%

Owings Mills, MD

$570

Phoenix, AZ

$589

Difference

$18.16

🏠Rent Comparison

Studio

From$918

To$1,390

↑ $472

1 Bed

From$1,078

To$1,510

↑ $432

2 Bed

From$1,317

To$1,750

↑ $433

3 Bed

From$1,756

To$2,330

↑ $574

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.

$7,749

Monthly in Owings Mills, MD

$8,068

Monthly in Phoenix, AZ

$318

Difference

Home Values

Owings Mills

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

↑ $2.0K

Per year

Monthly Difference

$169

More take-home

Effective Rate Diff

1.4%

Rate difference

Owings Mills, MD

Federal Income Tax

Effective: 18.9%

$25.5K

Maryland State Tax

Effective: 4.8%

$7.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.5%

$44.3K

Take-Home Pay

$8,811/month

$105.7K

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

Owings Mills, MD Tax Rates

Sales Tax:6.0%

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.