Anesthesiologist Salary in Phoenix, AZ: $533,305 (2026)
Quick Answer:A full-time anesthesiologist in Phoenix, AZ earns a median $533,305/year (≈ $256.40/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Phoenix's price level (1% below national, BEA RPP 98.5), that paycheck buys what $541,426 would nationally. Nominal pay sits 8.2% above the Arizona state average.
Based on BLS state-level estimates · View source
In 2026, anesthesiologists in Phoenix, Arizona, are projected to earn a median annual salary of $533,305, which significantly surpasses the national median of $409,107, highlighting a notable regional premium of over 30%. The salary range for this profession varies widely, with entry-level positions starting around $309,317 while seasoned experts can exceed $812,888. This salary data, derived from 2025 BLS estimates adjusted for local market conditions, indicates a robust demand for anesthesiology services in Phoenix. Subspecialties, particularly in pain management and critical care anesthesiology, are particularly lucrative in the local market, reflecting the trends seen in many urban regions striving to enhance care quality and accessibility.
About the Phoenix Market
Salary estimated from Arizona average ($370,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $309,317 | $148.71 |
| Lower Range (P25) | $383,980 | $184.61 |
| Median (P50)(typical) | $533,305 | $256.40 |
| Upper Range (P75) | $676,933 | $325.44 |
| Top Earners (P90) | $812,888 | $390.81 |
Median Salary Position
30.36% above the national average
2026 Salary Percentile Distribution in Phoenix
In Phoenix, AZ, the anesthesiologist salary spread from the 10th to 90th percentile is $503,571 (2026 est.). At $533,305, the local median is 30.36% above the national median of $409,107.
Salary Calculator
At 40 hours/week in Phoenix: You'd be in the lower-middle range
How Phoenix Anesthesiologist Pay Compares
Phoenix median: $533,305/year (2026)
| Compared To | Median Salary | Phoenix Pays |
|---|---|---|
| Arizona Average | $492,888 | +8.20% more |
| National Average | $409,107 | +30.36% more |
Anesthesiologists in Phoenix, AZ earn a median of $533,305 per year (2026 est.), which is 30.36% higher than the national median of $409,107 and 8.20% above the Arizona state average of $492,888.
Cost-of-Living Adjusted Salary
Phoenix has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Phoenix, AZ has a cost-of-living index of 98.5 (below the national average of 100). A anesthesiologist earning $533,305 nominally has purchasing power equivalent to $541,426 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$391,888
2025 BLS Actual
$510,340
2026 Current Est.
$533,305
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Phoenix (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $391,888 | Actual |
| 2020 | $409,523 | Actual |
| 2021 | $427,951 | Actual |
| 2022 | $447,209 | Actual |
| 2023 | $467,334 | Actual |
| 2024 | $394,472 | Actual |
| 2025 | $510,340 | Actual |
| 2026(current) | $533,305 | Estimated |
| 2027 | $557,304 | Projected |
Based on 7 years of BLS OEWS data for the Phoenix metropolitan area, the median anesthesiologist salary grew 30.2% from $391,888 (2019) to $510,340 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $557,304 by 2027 — a total increase of $165,416 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Phoenix metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 4.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $309,317 – $383,980 |
| 3-5 years (Mid Career) | $383,980 – $533,305 |
| 5+ years (Experienced) | $533,305 – $676,933 |
| 10+ years (Top Earner) | $676,933 – $812,888 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Phoenix
The job market for anesthesiologists in Phoenix is characterized by a dynamic employment landscape, with approximately 365 professionals engaged in this field. Given the relatively low cost-of-living index of 98.5, physicians enjoy a favorable purchasing power despite the competitive salary range. Predominantly, hospital systems and academic centers offer the highest compensation packages, alongside private anesthesia groups where partnership opportunities can lead to substantial earnings through shared equity and RVU bonuses. Factors such as case volume, shifts in call burden, and the distinction between W-2 employment and 1099 partnerships contribute to the variation in pay. Anesthesiologists looking to maximize their salary should consider focusing on high-demand subspecialties and strategically evaluating employment options that offer both immediate compensation and long-term stability in Phoenix, AZ.
More salary data for Phoenix, AZ:
Frequently Asked Questions
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Written by Dr. Maria Chen, MD
Career Analyst
Dr. Chen has over 10 years of experience in anesthesiology. She specializes in perioperative care at a major metropolitan hospital.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $510,340 for anesthesiologistsin the Phoenix metropolitan area. A 4.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Phoenix is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 4.50%, derived from historical BLS wage trends for anesthesiologists (SOC 29-1211).
Compiled and verified by Dr. Maria Chen, MD, a licensed anesthesiologist with 10+ years of clinical experience. · View source data at BLS.gov