Cost of Living: Kokomo, IN vs Phoenix, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Kokomo, IN versus $4,370/mo in Phoenix, AZ. In the model, rent is about 13.35% of gross in Kokomo, IN versus 21.24% in Phoenix, AZ, so Kokomo, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Kokomo, IN and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Kokomo, IN
- Lower rent (median 1BR/2BR): Kokomo, IN
- Lower home prices: Kokomo, IN
- Higher median household income: Phoenix, AZ
Cost of Living Index
Kokomo, IN: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Kokomo, IN has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Kokomo, IN: $871/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Phoenix, AZ is $514/mo higher than in Kokomo, IN.
Median Home Price
Kokomo, IN: $126,500 · Phoenix, AZ: $381,900
Median home price in Phoenix, AZ is $255,400 higher than in Kokomo, IN.
Median Household Income
Kokomo, IN: $54,195 · Phoenix, AZ: $77,041
Phoenix, AZ has a higher median household income than Kokomo, IN by $22,846.
Kokomo, IN overview · Phoenix, AZ overview · Popular comparisons