Cost of Living: Lawrence, 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 Lawrence, IN versus $4,370/mo in Phoenix, AZ. In the model, rent is about 15.79% of gross in Lawrence, IN versus 21.24% in Phoenix, AZ, so Lawrence, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lawrence, IN and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Lawrence, IN
- Lower rent (median 1BR/2BR): Lawrence, IN
- Lower home prices: Lawrence, IN
- Higher median household income: Phoenix, AZ
Cost of Living Index
Lawrence, IN: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Lawrence, IN has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Lawrence, IN: $1,030/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Phoenix, AZ is $355/mo higher than in Lawrence, IN.
Median Home Price
Lawrence, IN: $220,400 · Phoenix, AZ: $381,900
Median home price in Phoenix, AZ is $161,500 higher than in Lawrence, IN.
Median Household Income
Lawrence, IN: $73,455 · Phoenix, AZ: $77,041
Phoenix, AZ has a higher median household income than Lawrence, IN by $3,586.
Lawrence, IN overview · Phoenix, AZ overview · Popular comparisons