Cost of Living: Park Ridge, IL vs Phoenix, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Park Ridge, IL versus $4,370/mo in Phoenix, AZ. In the model, rent is about 22.01% of gross in Park Ridge, IL 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 Park Ridge, IL and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Park Ridge, IL
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: Phoenix, AZ
- Higher median household income: Park Ridge, IL
Cost of Living Index
Park Ridge, IL: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Park Ridge, IL has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Park Ridge, IL: $1,436/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Park Ridge, IL is $51/mo higher than in Phoenix, AZ.
Median Home Price
Park Ridge, IL: $539,300 · Phoenix, AZ: $381,900
Median home price in Park Ridge, IL is $157,400 higher than in Phoenix, AZ.
Median Household Income
Park Ridge, IL: $138,059 · Phoenix, AZ: $77,041
Park Ridge, IL has a higher median household income than Phoenix, AZ by $61,018.
Park Ridge, IL overview · Phoenix, AZ overview · Popular comparisons