Cost of Living: Torrance, CA vs Phoenix, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Torrance, CA versus $4,370/mo in Phoenix, AZ. In the model, rent is about 32.26% of gross in Torrance, CA 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 Torrance, CA and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Torrance, CA
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: Phoenix, AZ
- Higher median household income: Torrance, CA
Cost of Living Index
Torrance, CA: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Torrance, CA has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Torrance, CA: $2,104/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Torrance, CA is $719/mo higher than in Phoenix, AZ.
Median Home Price
Torrance, CA: $1,036,600 · Phoenix, AZ: $381,900
Median home price in Torrance, CA is $654,700 higher than in Phoenix, AZ.
Median Household Income
Torrance, CA: $113,105 · Phoenix, AZ: $77,041
Torrance, CA has a higher median household income than Phoenix, AZ by $36,064.
Torrance, CA overview · Phoenix, AZ overview · Popular comparisons