Cost of Living: Germantown, TN vs Phoenix, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Germantown, TN versus $4,370/mo in Phoenix, AZ. In the model, rent is about 25.65% of gross in Germantown, TN versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Germantown, TN and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Germantown, TN
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: Phoenix, AZ
- Higher median household income: Germantown, TN
Cost of Living Index
Germantown, TN: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Germantown, TN has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Germantown, TN: $1,672/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Germantown, TN is $287/mo higher than in Phoenix, AZ.
Median Home Price
Germantown, TN: $441,200 · Phoenix, AZ: $381,900
Median home price in Germantown, TN is $59,300 higher than in Phoenix, AZ.
Median Household Income
Germantown, TN: $144,799 · Phoenix, AZ: $77,041
Germantown, TN has a higher median household income than Phoenix, AZ by $67,758.
Germantown, TN overview · Phoenix, AZ overview · Popular comparisons