According to the U.S. Bureau of Labor Statistics, prices in Phoenix, Arizona are 7.52% higher in 2026 versus 2022 (a $619 difference in value).
Between 2022 and 2026: Phoenix experienced an average inflation rate of 1.83% per year. In other words, $8,234 in Phoenix in the year 2022 would cost $8,853 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.59% during this same period, inflation in Phoenix was lower.
In the year 2022: Pricing changed by 11.51%, which is significantly above the average yearly change in Phoenix during the 2022-2026 time period. Compared to inflation for all items in 2022 (8%), inflation in Phoenix was much higher.
Below are calculations of equivalent buying power in Phoenix, over time, for $8,234 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2022 | $8,234.00 | 11.51% |
| 2023 | $8,660.77 | 5.18% |
| 2024 | $8,853.00 | 2.22% |
| 2025 | $8,853.00 | 0.00% ** |
| 2026 | $8,853.00 | 0.00% ** |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Phoenix, Arizona:
| Year | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 101.200 | 103.300 | 105.200 | 108.300 | 111.500 | 115.284 | 119.264 | 117.568 | 118.227 | 121.483 | 124.197 | 125.782 | 127.823 | 128.019 | 130.107 | 133.324 | 138.875 | 142.920 | 145.724 | 153.032 | 170.652 | 179.497 | 183.481 | 183.481 | 183.481 |