CostIndexUSA

Corvallis, OR vs Phoenix, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableAZ
Phoenix
103.3
overall index
$1,725/mo rent

Phoenix is slightly cheaper than Corvallis — 0.7% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $79,500 in Phoenix. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+5.9%
Corvallis
114.4
Phoenix
121.2
🛒 Groceries9.8%
Corvallis
105.3
Phoenix
95
🚗 Transportation+3.7%
Corvallis
105.3
Phoenix
109.2
🏥 Healthcare+3.7%
Corvallis
95.3
Phoenix
98.8
Utilities14.1%
Corvallis
108.6
Phoenix
93.3

Salary Equivalency Calculator

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

$
Equivalent salary in Phoenix, AZ
$79,500
$500 less needed in Phoenix

Formula: salary × (103.3 ÷ 104) = salary × 0.9933. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Phoenix, AZ

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

Phoenix has 5.9% higher housing costs compared to Corvallis.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

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).

Corvallis, OR
3.1×income-to-rent ratio

68% 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.