Cost of Living: Centennial, CO vs Phoenix, AZ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,259/mo in Centennial, CO versus $4,370/mo in Phoenix, AZ. In the model, rent is about 30.03% of gross in Centennial, CO versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.

Take-home in Centennial, CO
$4,259/mo
Income level: below
Take-home in Phoenix, AZ
$4,370/mo
Income level: near
Rent share (1BR) in Centennial, CO
30.03%
COLI tier: mid-range
Rent share (1BR) in Phoenix, AZ
21.24%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Centennial, CO and Phoenix, AZ.

At a glance

  • Cheaper overall (lower cost-of-living index): Centennial, CO
  • Lower rent (median 1BR/2BR): Phoenix, AZ
  • Lower home prices: Phoenix, AZ
  • Higher median household income: Centennial, CO

Cost of Living Index

Centennial, CO: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)

Centennial, CO has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.

Median Rent

Centennial, CO: $1,958/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo

Median rent in Centennial, CO is $573/mo higher than in Phoenix, AZ.

Median Home Price

Centennial, CO: $626,700 · Phoenix, AZ: $381,900

Median home price in Centennial, CO is $244,800 higher than in Phoenix, AZ.

Median Household Income

Centennial, CO: $128,167 · Phoenix, AZ: $77,041

Centennial, CO has a higher median household income than Phoenix, AZ by $51,126.

Centennial, CO overview · Phoenix, AZ overview · Popular comparisons