CostIndexUSA

Hialeah, FL vs Phoenix, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Hialeah
114.2
overall index
$2,650/mo rent
More AffordableAZ
Phoenix
103.3
overall index
$1,725/mo rent

Phoenix is moderately cheaper than Hialeah — 9.5% lower overall cost of living.

To match an $80,000 salary in Hialeah, you would need $72,400 in Phoenix. Calculate your salary ↓

Category Breakdown

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

🏠 Housing22.1%
Hialeah
155.6
Phoenix
121.2
🛒 Groceries8.3%
Hialeah
103.6
Phoenix
95
🚗 Transportation4.7%
Hialeah
114.6
Phoenix
109.2
🏥 Healthcare4.7%
Hialeah
103.7
Phoenix
98.8
Utilities4.0%
Hialeah
97.2
Phoenix
93.3

Salary Equivalency Calculator

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

$
Equivalent salary in Phoenix, AZ
$72,400
$7,600 less needed in Phoenix

Formula: salary × (103.3 ÷ 114.2) = salary × 0.9046. Based on BEA Regional Price Parities.

Housing Market

Hialeah, FL

Median Home Price
$467,000
Median Monthly Rent
$2,650
Housing Index
155.6
Price-to-Rent Ratio
14.7×

Phoenix, AZ

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

Hialeah has 22.1% lower housing costs compared to Phoenix.

Income & Job Market

Hialeah, FL

Median Household Income
$76,300
Per Capita Income
$43,500
Unemployment Rate
4.1%
Population
233,339
Top Industries
HealthcareRetailManufacturingLogisticsGovernment

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).

Hialeah, FL
2.4×income-to-rent ratio

58% 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.