Housing costs in Morenci?
A typical home costs
$80,400, which is 76.2% less expensive than the national average of
$338,100 and 80.3% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Morenci costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,550.
Can I afford Morenci?
To live comfortably in Morenci, Arizona, a minimum annual income of
$15,480 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Morenci?
Morenci, AZ is known for its affordability when it comes to the cost of living. The median housing cost is about $78,000 which is significantly lower than the Arizona average of $264,800. For groceries and other essentials, the cost of living index in Morenci is 92.7 which is 8 percent lower than the US average. Overall, the cost of living in Morenci, AZ is quite low compared to other parts of the state and country making it a great place to live for those looking to stretch their money further.