Is Phoenix, AZ cheaper than Silver Spring, MD?

Based on cost of living data, Phoenix, AZ is 28.8% cheaper than Silver Spring, MD. This translates to saving $2160 per month.

What salary do I need in Phoenix, AZ to live like I do in Silver Spring, MD?

If you earn $150,000 in Silver Spring, MD, you'd need approximately $124,085.217 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Silver Spring, MD and Phoenix, AZ?

Housing in Phoenix, AZ is 47.7% cheaper than in Silver Spring, MD. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $2,269/month in Silver Spring, MD.

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

Moving from Silver Spring, MD to Phoenix, AZ could save you approximately $2160 per month, or $25915 per year, based on a $150,000 salary.

Silver Spring, MD vs Phoenix, AZ: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Silver Spring, MD — COL adjusted from Washington, DC area + state data

Current salary in Silver Spring, MD

Numbers update automatically as you type

You'd save $2.2K/month moving to Phoenix, AZ

$150.0K in your current city equals $124.1K in Phoenix, AZ

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

Overall Cost

↓ 28.8%

Less expensive

Monthly Impact

$2,160

Savings

Annual Impact

$25.9K

Per year

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

Silver Spring, MD

Population:81K

Cost Index:100

Median Home:$556K

Phoenix, AZ

Population:1608K

Cost Index:71

Median Home:$414K

Silver Spring, MD

The Old Line State

81K

Population

State Tax

Yes

Located in Maryland, this city has a population of 81K 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: Silver Spring, MD vs Phoenix, AZ

Category	Silver Spring, MD	Phoenix, AZ	Difference	Change
🏠Housing	$5,330/mo	$2,788/mo	↓ $2,541less	47.7%
🚗Transportation	$1,797/mo	$1,489/mo	↓ $308less	17.2%
🛒Groceries	$1,054/mo	$963/mo	↓ $90.52less	8.6%
⚡All Utilities	$496/mo	$561/mo	↑ $64.96more	13.1%
📦Other	$1,740/mo	$1,677/mo	↓ $62.47less	3.6%
🏥Healthcare	$617/mo	$589/mo	↓ $28.50less	4.6%

🏠Housing

↓ 47.7%

Silver Spring, MD

$5,330

Phoenix, AZ

$2,788

Difference

$2,541

less

🚗Transportation

↓ 17.2%

Silver Spring, MD

$1,797

Phoenix, AZ

$1,489

Difference

$308

less

🛒Groceries

↓ 8.6%

Silver Spring, MD

$1,054

Phoenix, AZ

$963

Difference

$90.52

less

⚡All Utilities

↑ 13.1%

Silver Spring, MD

$496

Phoenix, AZ

$561

Difference

$64.96

📦Other

↓ 3.6%

Silver Spring, MD

$1,740

Phoenix, AZ

$1,677

Difference

$62.47

less

🏥Healthcare

↓ 4.6%

Silver Spring, MD

$617

Phoenix, AZ

$589

Difference

$28.50

less

🏠Rent Comparison

Studio

From$1,540

To$1,390

↓ $150

1 Bed

From$1,783

To$1,510

↓ $273

2 Bed

From$2,269

To$1,750

↓ $519

3 Bed

From$3,161

To$2,330

↓ $831

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.

$11,034

Monthly in Silver Spring, MD

$8,068

Monthly in Phoenix, AZ

$2,967

Difference

Home Values

Silver Spring

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

Silver Spring, 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

Silver Spring, 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.