Relocation Guide

ARIZONA COST OF LIVING

WHEN MOVING TO A NEW CITY

It’s important to consider just how far a paycheck will take you. Fortunately, when it comes to overall cost of living, Phoenix is considered to be one of the

in. When compared to other similar - sized cities, you will find that Phoenix

transportation, utilities, health care, and other goods and services.

ARIZONA TAXES The Arizona sales tax rate is currently 5.6%. Taxes in Arizona are origin-based which means that the sales tax rate is determined on the location where a sale originates. If you own a business, you are required to report and pay Phoenix privilege sales tax. Reporting frequency is based on taxable gross income. All new accounts must file monthly for a minimum of six months. Arizona also charges a vehicle license tax at every registration renewal. This tax is assessed for each $100 of your vehicles value. The taxable value for land is the full cash value, additionally the value for improvements is replacement costs less depreciation at 1.5 percent per year.

THE COST OF LIVING INDEX

Ranks the range of living expenses in major cities. This national organization is dedicated to economic development and policy research. It measures the cost and relative price levels for consumer goods and services like groceries, utilities, and housing. The average for a participating city is 100 and each participant’s index is read as a percentage of the average for all places. Here’s how Phoenix ranks in comparison to other U.S. cities.

Composite 100%

Grocery 13.6%

Housin g 27.59 %

Utilities 10.06%

Transportation 9.59 %

Healthcare 4.00 %

Misc 35.15%

City

Atlanta

97.7

104.7

91.1

89. 2

101.4

107.8

100.4

Austin

97.7

86. 8

99. 8

99. 9

96. 6

99.3

99. 8

Boston

148.6

107.1

204. 4

146.6

111.5

134.1

133.1

Chicag o

123

109.3

152.5

89.1

129.3

102.6

115.5

Cleveland

101.4

110.8

89.7

98.7

103.3

102

107.1

Dallas

101.2

90. 6

102.4

102.3

101.2

103.4

103.7

Denver

111.8

99.7

133

95.1

108.4

104.7

106.3

New York

230. 8

129

479. 9

119.2

130.6

114.6

147.1

Phoeni x

94.7

97.5

97,8

98.1

90.7

98. 9

90. 9

San Francisco 188.5

121.9

351.8

114.4

130.3

123.7

130.7

Seattl e

145.1

128.5

181.7

120.7

128.4

125.7

136.5