Cost of Living: Melbourne, FL 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 Melbourne, FL versus $4,370/mo in Phoenix, AZ. In the model, rent is about 20.55% of gross in Melbourne, FL versus 21.24% in Phoenix, AZ, so Melbourne, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Melbourne, FL and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Melbourne, FL
- Lower rent (median 1BR/2BR): Melbourne, FL
- Lower home prices: Melbourne, FL
- Higher median household income: Phoenix, AZ
Cost of Living Index
Melbourne, FL: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Melbourne, FL has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Melbourne, FL: $1,341/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Phoenix, AZ is $44/mo higher than in Melbourne, FL.
Median Home Price
Melbourne, FL: $272,900 · Phoenix, AZ: $381,900
Median home price in Phoenix, AZ is $109,000 higher than in Melbourne, FL.
Median Household Income
Melbourne, FL: $64,504 · Phoenix, AZ: $77,041
Phoenix, AZ has a higher median household income than Melbourne, FL by $12,537.
Melbourne, FL overview · Phoenix, AZ overview · Popular comparisons