Housing costs in Phoenix?
A typical home costs
$255,300, which is 24.5% less expensive than the national average of
$338,100 and 37.3% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$1,370 per month, which is 11.6% cheaper than the national average of
$1,550 and 27.0% cheaper than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85009), Arizona, a minimum annual income of
$48,960 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85009 Phoenix, AZ is relatively affordable. Due to its location near the desert and its close proximity to several major cities, rent prices tend to be lower than the U.S. average. However, utility costs are generally higher due to the hot weather and summer months. In addition, food is also relatively inexpensive. Overall, the cost of living in 85009 Phoenix, AZ can be very reasonable and attractive for those looking for an affordable place to live.