Arizona · 7 cities ranked

Best Cities for Financial Analysts in Arizona

Ranked by affordability — cost of living, rent, and net income on a $85,000 salary

7
Cities Ranked
Sierra Vista
Most Affordable
87
Avg COL Index
$1,543/mo
Avg 2BR Rent

Arizona has 7 metro areas with full cost-of-living data. For financial analysts earning around $85,000 annually, Sierra Vista-Douglas stands out as the most affordable option with a cost-of-living index of 63.9 and $57,615 left after taxes and rent. 4 cities in Arizona sit below the national average cost of living, giving financial analysts more purchasing power per dollar earned. Phoenix-Mesa-Chandler is the priciest metro at 124.3 on the index, 60 points above Sierra Vista-Douglas.

City Rankings by Affordability

#1
Sierra Vista-Douglas Most Affordable
Cost of Living Index 63.9 (36% below avg)
2BR Rent/mo
$1,257
Est. Net Income
$57,615/yr
Purchasing Power
$90,207
#2
Yuma Below Avg
Cost of Living Index 65.5 (35% below avg)
2BR Rent/mo
$1,382
Est. Net Income
$56,115/yr
Purchasing Power
$85,708
#3
Cost of Living Index 77.8 (22% below avg)
2BR Rent/mo
$1,365
Est. Net Income
$56,319/yr
Purchasing Power
$72,366
#4
Flagstaff Below Avg
Cost of Living Index 81.5 (19% below avg)
2BR Rent/mo
$1,921
Est. Net Income
$49,647/yr
Purchasing Power
$60,926
#5
Cost of Living Index 97.9 (2% below avg)
2BR Rent/mo
$1,402
Est. Net Income
$55,875/yr
Purchasing Power
$57,071
#6
Cost of Living Index 100.6 (1% above avg)
2BR Rent/mo
$1,637
Est. Net Income
$53,055/yr
Purchasing Power
$52,733
#7
Cost of Living Index 124.3 (24% above avg)
2BR Rent/mo
$1,839
Est. Net Income
$50,631/yr
Purchasing Power
$40,735

Full Comparison Table

# City COL Index 2BR Rent/mo
1 Sierra Vista-Douglas 63.9 $1,257
2 Yuma 65.5 $1,382
3 Lake Havasu City-Kingman 77.8 $1,365
4 Flagstaff 81.5 $1,921
5 Tucson 97.9 $1,402
6 Prescott Valley-Prescott 100.6 $1,637
7 Phoenix-Mesa-Chandler 124.3 $1,839

Net income = $85,000 salary − federal & Arizona state taxes − annual 2BR rent. COL index: national avg = 100.

How We Rank Cities

Cities are ranked by the Bureau of Economic Analysis (BEA) Regional Price Parity index, where 100 equals the national average. A lower score means your money goes further. Net income is calculated using a benchmark $85,000 salary for financial analysts who analyze investments and financial data, after applying 2026 federal and Arizona state income tax brackets and subtracting HUD Fair Market Rent for a 2-bedroom apartment. Purchasing power adjusts net income for local price levels.

Frequently Asked Questions

What is the most affordable city in Arizona for financial analysts?

Sierra Vista-Douglas is the most affordable city in Arizona for financial analysts, with a cost-of-living index of 63.9 (national average = 100). On a $85,000 salary, you'd have approximately $57,615 after taxes and rent for a 2-bedroom apartment.

How much do financial analysts earn in Arizona?

Financial Analysts in Arizona earn around $85,000 per year on average. After federal and state taxes, and typical 2-bedroom rent costs (averaging $18,516 per year across the state), take-home spending money varies significantly by city—making location a critical factor.

How does cost of living vary across Arizona cities?

Across 7 metro areas in Arizona, the average cost-of-living index is 87 (national average = 100). The most affordable metro is Sierra Vista-Douglas at 63.9, while Phoenix-Mesa-Chandler is the most expensive at 124.3—a difference of 60 index points.

Other Rankings in Arizona

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