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Home » United States » How much money do you need to live comfortably in Arizona?

How much money do you need to live comfortably in Arizona?

December 14, 2021 by Sadie Daniel

To live comfortably in Arizona, a renter should earn at least $3,570 before taxes each month. This translates to an annual pre-tax salary of $42,840. You can use our rent calculator to help you determine how much you can afford to spend on rent each month.

Contents

How much does it cost to live comfortably in Arizona?

An amount below 100 means Arizona is cheaper than the US average. A cost of living index above 100 means Arizona, Arizona is more expensive.
Arizona cost of living is 102.2.

COST OF LIVING Arizona United States
Grocery 96.1 100
Health 95.2 100
Housing 107.8 100
Median Home Cost $349,300 $291,700

What is a good salary in Arizona?

While ZipRecruiter is seeing salaries as high as $126,363 and as low as $19,047, the majority of salaries within the Average jobs category currently range between $45,992 (25th percentile) to $68,756 (75th percentile) with top earners (90th percentile) making $83,622 annually in Arizona.

How much do I need to make to live in Arizona?

$121,717 is the 90th percentile. Salaries above this are outliers. $5,690 is the 25th percentile. Salaries below this are outliers.
What are Top 10 Highest Paying Cities for Occupational Therapist Jobs in Arizona.

City Flagstaff
Annual Salary $94,246
Monthly Pay $7,854
Weekly Pay $1,812
Hourly Wage $45.31

How much does it cost to live in Arizona per month?

Summary about cost of living in Phoenix, AZ, United States: Family of four estimated monthly costs are 3,248$ without rent. A single person estimated monthly costs are 927$ without rent. Phoenix is 30.77% less expensive than New York (without rent).

What is the cheapest city in Arizona to live in?

The 5 Most Affordable Places to Live In Arizona

  1. Oro Valley. Oro Valley is a suburb located 6 miles from Tucson and 110 miles from the state capital Phoenix.
  2. Gilbert. Gilbert comes in at number 40 on WalletHub’s list of cities with the best “wallet fitness” factor in the entire country.
  3. Phoenix.
  4. Prescott.
  5. Chandler.
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How much money should I save before moving to Arizona?

In Phoenix, ideal savings going forward is $6,850 a year. GoBankingRates calculated that savings total by taking 20% of each city’s after-tax salary needed to live comfortably.

Is it hard to get a job in Arizona?

Arizona is among the 10 most difficult states in which to find full-time work. Compared with this time last year, however, job seekers are much better off. The state’s underemployment rate fell 2.5 percentage points from 13.8 percent, nearly the largest improvement of any state.

How much money do you need to buy a house in Arizona?

Recommended Minimum Savings

Minimum Down Payment $8,750
Closing Costs $8,494
Estimated Cash Needed to Close $17,244
Recommended Cash Reserve $4,467
Total Recommended Savings $21,711

Can I afford to live in Arizona?

To live comfortably in Arizona, a renter should earn at least $3,570 before taxes each month. This translates to an annual pre-tax salary of $42,840. You can use our rent calculator to help you determine how much you can afford to spend on rent each month.

What’s a good wage per hour?

The national mean salary in the United States is $56,310 according to the National Compensation Survey. That works out to be $27 per hour. So in order to be above average, you have to earn more than $28 per hour.

Is 60k a good salary?

If you have a salary or income of $60,000, it means you’re making 5 figures a year. While you may be an average earner with such an annual income, it’s possible to live on it comfortably.So, the total income becomes more than the 60k you make a year. In case you’re living single, $60,000 a year is quite the prize.

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Is 17 dollars an hour good pay?

When we ran all of our numbers to figure out how much is $17 per hour is as an annual salary, we used the average working day of 40 hours a week.
$17 Per Hour is…

$17 per Hour – Full Time Total Income
Weekly (40 Hours) $680
Bi-Weekly (80 Hours) $1,360
Daily Wage (8 Hours) $136
Net Estimated Monthly Income $2,250

Why is it so cheap to live in Arizona?

Location: Arizona! It’s a combination of several factors. First, there’s a lot of wealth from the entertainment industry and tech industry that has helped to drive up the cost of living. Then on top of that, the liberal politics has made running a business more costly than other states.

How much are utilities AZ?

Utilities in Phoenix
According to Numbeo.com (May 2019), the average basic utilities package for a 915-square foot place in Phoenix is $159.19 a month. That covers water, electricity, heating and garbage, and it’s about $17.10 more expensive than the U.S. average of $152.09.

Is it cheaper to live in Arizona than California?

Cost of living
California is 29.3% more expensive than Arizona. If to compare the average cost of living in Phoenix, Arizona, and Los Angeles, California, you will find that CA is far more costlier than AZ. California’s housing cost is 36.8% costlier. The rent price is also way higher.

Is it worth moving to Arizona?

A great economy plus a reasonably low cost of living in Arizona makes for a pretty good mix. Innovation and plenty of job opportunity is great.And housing in Arizona is just slightly above the national average.

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Is it cheaper to live in Florida or Arizona?

Though similar, Florida’s cost-of-living index score beats Arizona’s, at 98.2 and 99.6, respectively. Both states are near the national average cost of living.

What are the dangers of living in Arizona?

In a state that is notorious for extremely hot summers, coming down with a heat-related illness such as heat exhaustion can happen quick. 2. Encountering coyotes, mountain lions, and other predatory wildlife. Most of Arizona is still quite rural so you’re bound to encounter one of these creatures at least once.

Is $5000 enough to move out?

Ideally, you want to save as much as possible before moving out. At the very least, you’ll want three months rent and expenses, while a more reasonable safety net is six months. Depending on where you live, that three-month safety net could be anywhere from $3,200 to over $5,000.

Is $10000 enough to move out?

If you’re considering renting, $10,000 is more than enough to move out with. However, you’ll have to consider such factors as a stable income, monthly payments (rent, electric, water, heating bills), and any other debts or financial responsibilities you may have.

Filed Under: United States

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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