Cost of Living: Southaven, MS vs Phoenix, AZ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Southaven, MS versus $4,370/mo in Phoenix, AZ. In the model, rent is about 19.83% of gross in Southaven, MS versus 21.24% in Phoenix, AZ, so Southaven, MS tends to feel more affordable for rent.

Take-home in Southaven, MS
$4,224/mo
Income level: near
Take-home in Phoenix, AZ
$4,370/mo
Income level: near
Rent share (1BR) in Southaven, MS
19.83%
COLI tier: mid-range
Rent share (1BR) in Phoenix, AZ
21.24%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Southaven, MS and Phoenix, AZ.

At a glance

  • Cheaper overall (lower cost-of-living index): Southaven, MS
  • Lower rent (median 1BR/2BR): Southaven, MS
  • Lower home prices: Southaven, MS
  • Higher median household income: Phoenix, AZ

Cost of Living Index

Southaven, MS: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)

Southaven, MS has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.

Median Rent

Southaven, MS: $1,293/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo

Median rent in Phoenix, AZ is $92/mo higher than in Southaven, MS.

Median Home Price

Southaven, MS: $214,800 · Phoenix, AZ: $381,900

Median home price in Phoenix, AZ is $167,100 higher than in Southaven, MS.

Median Household Income

Southaven, MS: $76,159 · Phoenix, AZ: $77,041

Phoenix, AZ has a higher median household income than Southaven, MS by $882.

Southaven, MS overview · Phoenix, AZ overview · Popular comparisons