HomePricePeek

Phoenix vs Yerevan

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Phoenix vs Yerevan

Yerevan is 80% more affordable for homebuyers. Phoenix has a price-to-income ratio of 5.5x compared to 5.2x in Yerevan.

MetricPhoenixYerevan
Avg Home Price$380,000$75,000
Price / sqm$3,800$1,200
Rent (1BR)$1,300/mo$350/mo
Rent (3BR)$2,000/mo$600/mo
Price-to-Income5.5x5.2x
Mortgage Rate6.8%10.5%
1yr Change+2.8%+8.2%
Median Income$69,000/yr$14,000/yr
Population1,600,0001,100,000
PhoenixView full details โ†’YerevanView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Phoenix or Yerevan more expensive?
Yerevan is more affordable. Home prices differ by $305,000 (80%).
Which city has cheaper rent, Phoenix or Yerevan?
Rent for a 1BR in Phoenix is $1,300/mo vs $350/mo in Yerevan.

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