Phoenix now Among Fastest-Growing Affordable U.S. Metros, Report Says

Article originally posted on Phoenix Business Journal on September 13, 2021

The Phoenix area is the third fastest-growing large U.S. metro with a below average cost of living, according to a new report by Roofstock Inc.

The cost of living in metro Phoenix is 1.3% below the national average, the report says. Between 2017 and 2020, the population in Phoenix increased by 6.3% — at a time when the U.S. population grew by 1.3% — ranking Phoenix as the city with the third most population growth among all affordable large U.S. metros.

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