Arizona by the numbers

A decision-oriented profile: what it costs to live here, what the job market looks like, and how it stacks up against where you are now. Every figure identifies its source and vintage.

Price level (all items)100.7+0.7% vs US avg · rank 17/51 BEA RPP SARPP. Source: BEA Regional Price Parities · SARPP · 2024 vintage · released February 19, 2026 · Official API
Unemployment4.9%July 2026 (prelim.) BLS LAUS LAUS. Source: BLS Local Area Unemployment Statistics · LAUS · July 2026 vintage · released Aug. 21, 2026 · Official API
Median rent$1,543/moCensus ACS ACS5. Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API
Median home value$394,500Census ACS ACS5. Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API

The bottom line on Arizona

The cost-of-living picture

Overall prices in Arizona run at 100.7 on the BEA index, where 100 is the US average — close to the national average. That makes it the 17th-most-expensive state of 51, with everyday costs about 1% above the national level. The single biggest factor is utilities, which sits at 92.3 — 8% below the national norm.

Housing

The typical renter pays $1,543 a month — 9% above the national median of $1,413, the 13th-highest rent in the country. Buying is a bigger gap: the median home is worth $394,500, 19% above the national median. 67.4% of homes are owner-occupied, making it roughly typical in its owner/renter split. The statewide median gross-rent-to-income ratio is 30.8%, above the commonly used 30% cost-burden threshold. Owner-occupied homes report median real estate taxes of $1,879 a year; that figure is context for owners, not a household-specific tax quote.

Do paychecks keep up with prices?

Median household income is $79,964, the 21st-highest of 51 states. But income only matters relative to prices: adjusted for local costs, that is worth $79,408 in national-average terms. Once you account for prices in Arizona, its household-income rank slips from 21st to 32nd in real purchasing power.

The tax trade-off

Income is taxed through a single flat rate, topping out at 2.50%. Combined sales tax averages 8.52%. These headline rates do not by themselves measure a household's total tax burden. (Tax figures are hand-verified from the Tax Foundation and dated on the page below.)

The job market

Unemployment stands at 4.9% (July 2026), 0.8 percentage points above the national rate of 4.1%. That is a looser labor market than the national picture. It is also the one figure here that refreshes monthly, rather than annually.

Every figure above is drawn from the published data on this page. Missing values are never modeled or filled in.

What it costs to live here

Price level by component, 100 = US average. Higher means more expensive than the national average.

Regional price parity by component for Arizona.
ComponentArizonavs US avg
All items100.7+0.7%
Housing rents106.8+6.8%
Goods95.4−4.6%
Utilities92.3−7.7%
Other services102.8+2.8%

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official API

Housing & income (ACS)

Median gross rent$1,543/mo ±$7
Median home value$394,500 ±$1,474
Median household income$79,964/yr ±$407
Homeownership rate67.4%
Median rent as % of income30.8% ±0.3%
Median owner costs as % of income16.7% ±0.2%
Median real estate taxes paid$1,879/yr ±$10

The ± values are Census 90% margins of error. Property-tax figures cover owner-occupied homes and are not estimates for a particular property.

US Census ACS 5-Year Estimates · ACS5 · 2024 · rel. December 2025 · Official API

The job market

The seasonally-adjusted unemployment rate in Arizona is 4.9% as of July 2026 (preliminary). This is the one figure here that updates monthly.

BLS Local Area Unemployment Statistics · LAUS · July 2026 · rel. Aug. 21, 2026 · Official API

How much prices vary within Arizona

BEA metro price levels for metropolitan areas that include part of Arizona. Cross-state metros may appear in more than one state.

Metro areaAll itemsHousing rentsvs US
Sierra Vista-Douglas, AZ89.261.9−10.8%
Yuma, AZ92.773.8−7.3%
Lake Havasu City-Kingman, AZ94.179.8−5.9%
Tucson, AZ96.991.8−3.1%
Prescott Valley-Prescott, AZ98.398.8−1.7%
Flagstaff, AZ100.3109.0+0.3%
Phoenix-Mesa-Chandler, AZ103.3121.2+3.3%

BEA Regional Price Parities by metro area · MARPP · 2024 · rel. February 19, 2026 · Official API

Compare all US metro areas →

How the statewide price level has changed

BEA Regional Price Parity over time. This shows prices relative to the US average in each year; it is not a consumer-price inflation series.

97.0100.0102.0200820162024100.7
Data table
YearArizona
2008102.5
2009102.9
2010100.6
201199.1
201298.1
201398.4
201497.9
201597.9
201698.6
201797.9
201897.4
201997.8
202099.2
202196.6
2022100.0
2023100.7
2024100.7

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official API

Housing and jobs over complete calendar years

Home prices (FHFA index)

Home prices in Arizona are up 85% since 2005 (FHFA index). That trails the national 95% — home values here have grown slower than the country as a whole.

282482682200520152025729
Arizona United States
Data table
YearArizonaUS
2005393362
2006424379
2007402375
2008328348
2009279330
2010255324
2011236313
2012255315
2013289328
2014307345
2015328362
2016349382
2017376403
2018405422
2019432443
2020476471
2021611556
2022670616
2023694648
2024716683
2025729707

Unemployment rate

The annual unemployment rate peaked at 10.4% in 2010; the latest complete-year average is 3.7% for 2024 — a long recovery from that high.

1%5%9%2005201520243.7%
Arizona United States
Data table
YearArizonaUS
20054.6%5.1%
20064.3%4.6%
20073.7%4.6%
20085.8%5.8%
20099.7%9.3%
201010.4%9.6%
20119.5%8.9%
20128.4%8.1%
20137.8%7.4%
20146.8%6.2%
20156.1%5.3%
20165.5%4.9%
20175%4.4%
20184.8%3.9%
20194.8%3.7%
20207.8%8.1%
20215%5.4%
20223.7%3.7%
20233.7%3.6%
20243.7%4%

FRED (FHFA House Price Index & state unemployment) · FRED · through 2024 · rel. continuously updated · Official API

What you'd pay in tax

Hand-curated · last verified 2026-07-20 · tax year 2026
Individual income tax2.50% top rate (flat)
Sales tax (state)5.60%
Sales tax (combined avg)8.52%

Tax Foundation — 2026 State Individual Income Tax Rates and Brackets · Income · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Tax Foundation — State and Local Sales Tax Rates, 2026 · Sales · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Compare taxes across all states →

How it compares to where you are now

See how far your income would go here versus your current state — adjusted for what things actually cost.

Compare your income in Arizona →

Where Arizona ranks

Popular comparisons involving Arizona

Sources for every figure on this page

Occupation wages are available for selected roles in the salary comparison. See the methodology →