Denver vs Phoenix
Cost of living comparison — C2ER 2024-2025 data
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Phoenix is 13% cheaper than Denver overall.Denver has a cost of living index of 118 vs Phoenix at 103 (national average = 100). The biggest difference is housing — Denver costs 24% more.

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Denver
CO
118
COLI index
VS
Phoenix
AZ
103
COLI index
Category Breakdown
| Category | Denver | Phoenix | Difference |
|---|---|---|---|
| Overall COLI | 118 | 103 | -13% |
| Housing | 168 | 128 | -24% |
| Groceries | 105 | 104 | -1% |
| Transport | 110 | 107 | -3% |
| Healthcare | 106 | 103 | -3% |
| Utilities | 96 | 110 | +15% |
Median 1BR Rent
Denver
$1,750/mo
Phoenix
$1,600/mo
Median Home Price
Denver
$545,000
Phoenix
$385,000
Median Household Income
Denver
$72,173
Phoenix
$64,882
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Last updated: June 2026
Methodology: Cost of living indices from C2ER Cost of Living Index 2024-2025. Rent data from Zillow December 2024. Home price data from Zillow Home Value Index December 2024. Household income from US Census Bureau ACS 2023. National average COLI = 100. Data updated annually.