A+
0%
Overall NAT. AVG.
15%
Goods & Services NAT. AVG.
26%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Arizona City Arizona National
Cost of living100101100
Goods & Services115104100
Groceries103102100
Health care9894100
Housing7497100
Transportation124106100
Utilities9895100

An Overview of Cost of Living in Arizona City, AZ

Getting a feel for the cost of living in Arizona City is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Arizona City is 100, which is 0% equal to the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

The cost of living in Arizona City is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Recurring essentials like haircuts, toothpaste, and entertainment, from movies to gym sessions, can really add up in your budget and make up 33% of the cost of living index. In Arizona City, you you will have to spend 15% more than average when compared to the typical prices for these items, making it a more expensive place to live.

Is Arizona City Affordable?

Wondering if Arizona City is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Arizona City, for example, the median home price is 34% lower than what folks pay nationally, and monthly rent is 8.1% lower than the usual rates. Plus, income levels matter too, with Arizona City boasting a median household income of $42,355, which is 23.4% lower than the national average.

What Factors can Influence the Cost of Living in Arizona City?

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Arizona City, healthcare costs are 2.4% lower than the national average.

Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.

Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Arizona City, the housing index stands at 26.2% lower than the national average.

Where is the Data From?

The Arizona City cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Arizona City is 1% lower than the Arizona average
  • The cost of living in Arizona City is equal to the national average
  • Arizona City housing is 26% lower than the national average
  • Arizona general sales tax is 10% higher than the national average
  • Arizona state income tax is 4% lower than the national average

Most Affordable Places to Live in and Around Arizona City

See all the best places to live around Arizona City

Compare Arizona City, AZ Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$50,446$4,204$1,177$1,514
      Renters$32,771$2,731$765$983
      To approximate the cost of living and the housing affordability in Arizona City, AZ, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Arizona City have a median income of $50,446. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,177 per month to avoid calamity and poverty. The renters in the city have an income of about $32,771, which would make their monthly maximum allowable rental costs $765.

      Arizona Sales Tax

      State General Sales Tax With Max Surtax
      Arizona 5.6% 10.725%

      Arizona Income Tax

      State Income Tax (Low) Income Tax (High)
      Arizona 2.5% 2.5%

      Goods & Services

      Item Arizona City National avg. Difference
      Haircut $31.99$24.2631.9%
      Beauty Salon $51.63$45.5613.3%
      Toothpaste $3.74$3.701.1%
      Shampoo $1.24$1.283.3%
      Movie $12.43$12.132.5%
      Bowling $24.03$18.0033.5%

      Groceries

      Item Arizona City National avg. Difference
      Ground Beef $5.75$5.841.5%
      Fried Chicken $1.47$1.576.7%
      Milk $4.84$4.673.5%
      Potatoes $4.54$4.937.9%
      Pizza $13.22$12.099.3%
      Beer $11.37$10.419.2%

      Health Care

      Item Arizona City National avg. Difference
      Optometrist $105.08$125.6816.4%
      Doctor $126.58$135.786.8%
      Dentist $108.47$113.294.3%
      Ibuprofen $10.93$10.652.6%
      Lipitor $529.92$468.6013.1%

      Housing

      Item Arizona City National avg. Difference
      Home Price $121,900.00$184,700.0034.0%
      Avg. Mortgage Payment $2,990.52$2,346.6927.4%
      Apartment Rent $872.00$949.008.1%

      Transportation

      Item Arizona City National avg. Difference
      Gasoline $4.47$3.4629.1%
      Tire Balancing $66.63$59.9211.2%

      Utilities

      Item Arizona City National avg. Difference
      All Electricity $193.37$193.990.3%
      Phone $184.32$192.254.1%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Tat Momoli, AZ011110.6%
      Vaiva Vo, AZ011110.6%
      Chuichu, AZ28011110.6%
      Sacate Village, AZ351918.6%
      Eloy, AZ18,306973.0%
      Arizona City, AZ10,4831000.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Anderson, CA10,47911110.6%
      Helena-West Helena, AR10,4877920.5%
      Hull, MA10,47814646.4%
      Burley, ID10,4768911.0%
      DeForest, WI10,47311111.3%
      Arizona City, AZ10,4831000.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.