CostIndexUSA

Greenville, SC vs Phoenix, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableSC
Greenville
93.3
overall index
$1,550/mo rent
AZ
Phoenix
103.3
overall index
$1,725/mo rent

Greenville is moderately cheaper than Phoenix — 10.7% lower overall cost of living.

To match an $80,000 salary in Greenville, you would need $88,600 in Phoenix. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+57.8%
Greenville
76.8
Phoenix
121.2
🛒 Groceries1.3%
Greenville
96.3
Phoenix
95
🚗 Transportation+5.8%
Greenville
103.2
Phoenix
109.2
🏥 Healthcare+5.8%
Greenville
93.4
Phoenix
98.8
Utilities+5.1%
Greenville
88.8
Phoenix
93.3

Salary Equivalency Calculator

Enter your current salary in Greenville to see what you'd need to earn in Phoenix to maintain the same purchasing power.

$
Equivalent salary in Phoenix, AZ
$88,600
$8,600 more needed in Phoenix

Formula: salary × (103.3 ÷ 93.3) = salary × 1.1072. Based on BEA Regional Price Parities.

Housing Market

Greenville, SC

Median Home Price
$303,000
Median Monthly Rent
$1,550
Housing Index
76.8
Price-to-Rent Ratio
16.3×

Phoenix, AZ

Median Home Price
$442,000
Median Monthly Rent
$1,725
Housing Index
121.2
Price-to-Rent Ratio
21.4×

Phoenix has 57.8% higher housing costs compared to Greenville.

Income & Job Market

Greenville, SC

Median Household Income
$69,400
Per Capita Income
$39,600
Unemployment Rate
3.5%
Population
72,885
Top Industries
ManufacturingHealthcareTechnologyAutomotiveFinance

Phoenix, AZ

Median Household Income
$85,700
Per Capita Income
$48,800
Unemployment Rate
3.8%
Population
1,608,139
Top Industries
TechnologyHealthcareReal EstateTourismFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Greenville, SC
3.7×income-to-rent ratio

73% of income left after rent (median)

Phoenix, AZ
4.1×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.