B
5%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
3%
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 Green Valley Arizona National
Cost of living105101100
Goods & Services109104100
Groceries105102100
Health care9094100
Housing10397100
Transportation108106100
Utilities10295100

An Overview of Cost of Living in Green Valley, AZ

Are you thinking about relocating, but curious about the potential cost of living in Green Valley? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Green Valley stands at 105, making it 5% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

In Green Valley, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Green Valley will resemble that of an average city, contributing to a manageable cost of living.

Is Green Valley Affordable?

Is Green Valley affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Green Valley, the median home price is 0.5% higher than the national average and monthly rent prices are 7.5% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Green Valley boasting a median household income of $50,511, 8.7% lower than the national average.

What Factors can Influence the Cost of Living in Green Valley?

Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Green Valley, the utilities index stands at 1.8% higher than the national average.

Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Green Valley, the groceries index is 5.2% higher than the national average.

Where is the Data From?

The cost of living data in Green Valley displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Green Valley is 4% higher than the Arizona average
  • The cost of living in Green Valley is 5% higher than the national average
  • Green Valley housing is 3% higher 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 Green Valley

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Compare Green Valley, 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$54,228$4,519$1,265$1,627
      Renters$30,066$2,506$701$902
      The affordability of the housing market in Green Valley, AZ as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Green Valley homeowners, the median income is $54,228. This indicates that a monthly maximum of $1,265 should be spent by homeowners on all housing related costs. Renters have a median income of $30,066. This indicates that renters would have a maximum of $701 for their rent related monthly costs.

      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 Green Valley 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 Green Valley 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 Green Valley 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 Green Valley National avg. Difference
      Home Price $185,600.00$184,700.000.5%
      Avg. Mortgage Payment $2,328.25$2,346.690.8%
      Apartment Rent $1,020.00$949.007.5%

      Transportation

      Item Green Valley National avg. Difference
      Gasoline $4.05$3.4617.0%
      Tire Balancing $52.24$59.9212.8%

      Utilities

      Item Green Valley 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.
      Amado, AZ341065.9%
      Summit, AZ5,0668911.1%
      Arivaca Junction, AZ1,0728910.8%
      Elephant Head, AZ5581010.8%
      Sahuarita, AZ30,67911413.9%
      Green Valley, AZ20,8571054.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      South Milwaukee, WI20,857982.1%
      Hays, KS20,855927.6%
      Sweetwater, FL20,8521065.7%
      Beaconsfield, QC20,868n/a 
      Dickinson, TX20,870981.5%
      Green Valley, AZ20,8571054.9%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.