A+
1%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
10%
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 Drexel Heights Arizona National
Cost of living101101100
Goods & Services109104100
Groceries105102100
Health care9094100
Housing9097100
Transportation108106100
Utilities10295100

An Overview of Cost of Living in Drexel Heights, AZ

The cost of living in Drexel Heights affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Drexel Heights is 101, which is 1% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

The cost of living in Drexel Heights 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.

Is Drexel Heights Affordable?

Is Drexel Heights an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Drexel Heights is 20.6% lower than the national average, while the average monthly rent prices are 13.4% higher than average. The affordability of any location can also be influenced by median income levels. Drexel Heights has a median household income of $57,576, which is 4.1% higher than the national average.

What Factors can Influence the Cost of Living in Drexel Heights?

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Drexel Heights, the groceries index is 5.2% higher than the national average.

Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday goods and services like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Drexel Heights starts at 5.6% and the income tax rates start at 2.55%.

Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.

Where is the Data From?

The Drexel Heights cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Drexel Heights is equal to the Arizona average
  • The cost of living in Drexel Heights is 1% higher than the national average
  • Drexel Heights housing is 10% 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 Drexel Heights

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Compare Drexel Heights, 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$67,884$5,657$1,584$2,037
      Renters$40,818$3,402$952$1,225
      A good way to judge both the affordability of the housing and the cost of living in Drexel Heights is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Drexel Heights has a median income of about $67,884 for people who own homes. Based on that number, a maximum of $1,584 should be spent on expenses related to housing. Renters have a slightly different median income, which is $40,818. Based on this average, renters should spend no more than $952 on all rental costs if they want to maintain a non-impoverished standard of living.

      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 Drexel Heights National avg. Difference
      Haircut $29.15$24.2620.2%
      Beauty Salon $45.06$45.561.1%
      Toothpaste $3.64$3.701.8%
      Shampoo $1.33$1.284.1%
      Movie $12.36$12.131.9%
      Bowling $13.68$18.0024.0%

      Groceries

      Item Drexel Heights National avg. Difference
      Ground Beef $6.07$5.844.0%
      Fried Chicken $1.41$1.5710.3%
      Milk $4.75$4.671.7%
      Potatoes $4.58$4.937.1%
      Pizza $12.52$12.093.6%
      Beer $11.13$10.416.9%

      Health Care

      Item Drexel Heights National avg. Difference
      Optometrist $116.73$125.687.1%
      Doctor $125.31$135.787.7%
      Dentist $101.61$113.2910.3%
      Ibuprofen $11.03$10.653.6%
      Lipitor $370.51$468.6020.9%

      Housing

      Item Drexel Heights National avg. Difference
      Home Price $146,700.00$184,700.0020.6%
      Avg. Mortgage Payment $2,328.25$2,346.690.8%
      Apartment Rent $1,076.00$949.0013.4%

      Transportation

      Item Drexel Heights National avg. Difference
      Gasoline $4.05$3.4617.0%
      Tire Balancing $52.24$59.9212.8%

      Utilities

      Item Drexel Heights National avg. Difference
      All Electricity $198.69$193.992.4%
      Phone $193.20$192.250.5%
      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.
      Flowing Wells, AZ17,2278712.8%
      Summit, AZ5,0668911.1%
      Littletown, AZ645918.7%
      Three Points, AZ4,620928.5%
      South Tucson, AZ5,692928.4%
      Drexel Heights, AZ30,7801011.0%

      Cities with similar population

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      Petersburg, VA30,791927.8%
      Winter Park, FL30,76413534.7%
      Brooklyn Center, MN30,755990.7%
      Sainte-Julie, QC30,753n/a 
      Cleburne, TX30,812972.8%
      Drexel Heights, AZ30,7801011.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.