Cost of Living: Prosper, TX vs Phoenix, AZ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Prosper, TX versus $4,370/mo in Phoenix, AZ. In the model, rent is about 31.35% of gross in Prosper, TX 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 Prosper, TX and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Prosper, TX
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: Phoenix, AZ
- Higher median household income: Prosper, TX
Cost of Living Index
Prosper, TX: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Prosper, TX has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Prosper, TX: $2,045/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Prosper, TX is $660/mo higher than in Phoenix, AZ.
Median Home Price
Prosper, TX: $694,600 · Phoenix, AZ: $381,900
Median home price in Prosper, TX is $312,700 higher than in Phoenix, AZ.
Median Household Income
Prosper, TX: $187,603 · Phoenix, AZ: $77,041
Prosper, TX has a higher median household income than Phoenix, AZ by $110,562.
Prosper, TX overview · Phoenix, AZ overview · Popular comparisons