Cost of Living: Ankeny, IA vs Phoenix, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Ankeny, IA versus $4,370/mo in Phoenix, AZ. In the model, rent is about 18.63% of gross in Ankeny, IA versus 21.24% in Phoenix, AZ, so Ankeny, IA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Ankeny, IA and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Ankeny, IA
- Lower rent (median 1BR/2BR): Ankeny, IA
- Lower home prices: Ankeny, IA
- Higher median household income: Ankeny, IA
Cost of Living Index
Ankeny, IA: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Ankeny, IA has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Ankeny, IA: $1,215/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Phoenix, AZ is $170/mo higher than in Ankeny, IA.
Median Home Price
Ankeny, IA: $311,300 · Phoenix, AZ: $381,900
Median home price in Phoenix, AZ is $70,600 higher than in Ankeny, IA.
Median Household Income
Ankeny, IA: $106,603 · Phoenix, AZ: $77,041
Ankeny, IA has a higher median household income than Phoenix, AZ by $29,562.
Ankeny, IA overview · Phoenix, AZ overview · Popular comparisons