Phoenix vs Eugene: Cost of Living Comparison
How does the cost of living in Phoenix, Arizona compare to Eugene, Oregon? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.
Summary: Phoenix is the more affordable city overall. Housing costs are 16% lower in Phoenix compared to Eugene, while rent is 4% higher. State income tax is 2.5% in AZ vs 9.9% in OR.
| Metric | Phoenix, AZ | Eugene, OR | Diff |
|---|---|---|---|
| Housing | |||
| Median Home Value | $340,200 | $406,000 | -16.2% |
| Median Monthly Rent | $1,322 | $1,269 | +4.2% |
| Income | |||
| Median Household Income | $72,092 | $61,481 | +17.3% |
| Per Capita Income | $37,499 | $39,081 | -4.0% |
| Taxes | |||
| State Income Tax Rate | 2.5% | 9.9% | -74.7% |
| Combined Sales Tax | 8.4% | 0.0% | same |
| Demographics | |||
| Population | 1,609,456 | 176,755 | +810.6% |
Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).
Rent vs. Buy Calculator — Phoenix
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Rent vs. Buy Calculator — Eugene
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Key Takeaways
- Housing: The median home in Phoenix costs $340,200 compared to $406,000 in Eugene — a 16% discount.
- Rent: Median rent is $1,322/mo in Phoenix vs $1,269/mo in Eugene.
- Income: Median household income is $72,092 in Phoenix and $61,481 in Eugene.
- Taxes: State income tax is 2.5% in Arizona vs 9.9% in Oregon.
Methodology
This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).