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Apr 24, 2024 · Cost of Living in Arizona. Use Salary.com's Cost of Living Calculator to easily compare the cost of living in your current location to the cost of living in a new location. We use the Consumer Price Index ( CPI) and salary differentials of over 300+ US cities to give you a comparison of costs and salary.
Average Cost of Living in Arizona: $44,875 per year. It turns out that living in Arizona may put a significant dent in your monthly budget. Arizona ranks 37th when it comes to which states have the lowest cost of living, according to MERIC’s 2022 Cost of Living Index .
A typical home costs $407,400, which is 20.5% more expensive than the national average of $338,100 and 0.0% less expensive than the average Arizona home, at $407,400. Renting a two-bedroom unit in Arizona costs $1,550 per month, which is 8.4% more than the national average of $1,430 and close to the state average of $1,550.
Aug 1, 2023 · That places the city $46 below the median national rent for two bedrooms, which is $1,295. Cost of Utilities. Arizona residents pay higher-than-average electricity bills. According to the U.S. Energy Information Administration (EIA), the average monthly electricity bill in Arizona is $128.40.
Sep 6, 2023 · The overall cost of living in Arizona is 6 percent higher than the national average, according to data from RentCafe. However, the cost of daily necessities, and especially housing, can...
Nov 13, 2023 · What Is the Average Cost of Living in Arizona? The average cost of living in Arizona is only 6.4% higher than the national average. Additionally, according to MIT's Living Wage calculator , one adult with no children would need to earn $17.78 an hour to live.
Compare cost of living in cities in Arizona with factors like salaries, housing expenses, groceries, utilities and more.
