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Home » United States » Is Phoenix considered high cost of living?

Is Phoenix considered high cost of living?

December 14, 2021 by Bo Lang

Phoenix, Arizona’s cost of living is 5% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

Contents

Is the cost of living in Phoenix high?

The cost of living in Phoenix is lower than the national average. Compared to coastal metropolitan cities like San Francisco, San Diego, and New York City, Phoenix is much more affordable.

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

Using Phoenix, the average rent price for a one-bedroom apartment is $1,190 monthly. 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.

How expensive is it to live in Phoenix?

Phoenix cost of living is 103.7

COST OF LIVING Phoenix Arizona
Health 92.2 95.2
Housing 103.5 107.8
Median Home Cost $346,100 $349,300
Utilities 101.8 102.7

Is Phoenix an affordable place to live?

Phoenix is both the capital of Arizona and the most populated city in the state. However, it is also among the most affordable cities to live in — not just in Arizona, but the entire United States. A study named Phoenix as the 13th most affordable city to live and work in 2019.

Is it cheaper to live in PA or AZ?

Arizona is 7.9% cheaper than Pennsylvania.

Is Phoenix cheaper than Atlanta?

The cost of living in Atlanta, GA is -4.6% lower than in Phoenix, AZ.Employers in Atlanta, GA typically pay 0.1% more than employeers in Phoenix, AZ.

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What is a good salary in Phoenix AZ?

$45,992 is the 25th percentile. Salaries below this are outliers. $68,756 is the 75th percentile. Salaries above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Arizona.

City Phoenix
Annual Salary $59,794
Monthly Pay $4,983
Weekly Pay $1,150
Hourly Wage $28.75

Does Arizona have a water shortage problem?

Arizona is in the midst of a historic water shortage. The Southwest and much of the West is suffering from an intense 22-year drought, resulting in increasingly low water levels, dry soil, and dry vegetation fueled wildfires.

Is the cost of living higher in Arizona or Chicago?

The cost of living in Chicago, IL is 9.4% higher than in Phoenix, AZ.Employers in Chicago, IL typically pay 7.4% more than employeers in Phoenix, AZ.

Is moving to Phoenix a good idea?

For retirees who live on a fixed income, moving to Phoenix can be ideal due to the reasonable cost of living balanced with a number of amenities available. Property taxes are low compared to other large cities, but unlike retiree destinations in Orlando, you will have to pay Arizona state income tax.

Is Phoenix more expensive than Austin?

Phoenix is 13.1% less expensive than Austin. Phoenix housing costs are 35.2% less expensive than Austin housing costs. Health related expenses are 2.3% less in Phoenix.

Is food cheaper in Arizona?

Food. According to the Bureau of Labor Statistics (BLS), Phoenix area residents spend an average of 11% of their annual income on food, compared to the U.S. average of 12.6%.When it comes to specific food items, Arizona’s prices are generally cheaper than the U.S. average.

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Why is everyone moving to Phoenix?

The driving factors to move include job opportunities (30 percent of respondents), affordability (20 percent) and lifestyle (12 percent).Affordable housing and career opportunities are also large factors that make Phoenix an attractive place to live, McDonnell says.

What are the pros and cons of living in Phoenix Arizona?

Living in Phoenix Pros and Cons

  • PRO: There’s So Much To Do in Phoenix.
  • CON: The Summers Are Hot Living in Phoenix.
  • PRO: The Climate is Enjoyable Living in Phoenix.
  • CON: Living in Phoenix Means Dust Storms.
  • PRO: Food in Phoenix is Delectable!
  • CON: The Education System Needs Some Help.
  • PRO: The Streets Are Organized in a Grid.

Where should you not live in Phoenix?

Top 10 Worst Neighborhoods in Phoenix, Arizona

  • Central City. Located at the historic center of the city, it is characterized as the urban village of Phoenix.
  • Alahambra.
  • Encanto.
  • South Mountain.
  • Laveen.
  • North Mountain.
  • Maryvale.
  • Estrella.

What is the cost of living in AZ?

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

Can you take a train from Pennsylvania to Arizona?

Amtrak is the one and only train line which connects Philadelphia, Pennsylvania to Phoenix, Arizona. Furthermore, there is only one train per day, so you will have to plan your travel around this limited availability.

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What is the cost of living in Arizona compared to Georgia?

Comparison Highlights

Cost of Living Indexes Phoenix, AZ Atlanta, GA
Overall Index: Homeowner, No Child care, Taxes Not Considered 108.7 109.4
Food & Groceries 97.3 98.8
Housing (Homeowner) 103.5 112
Median Home Cost $346,100 $334,200

Is Georgia more expensive than Arizona?

The cost of living in Atlanta, Georgia is 21.4% more expensive than the cost of living in Phoenix, Arizona.Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

Is 100k a good salary in Phoenix?

With its relative affordability compared to other markets, if you earn $100,000 a year in Phoenix, your money goes pretty far.After taxes and essentials such as rent and groceries, Phoenix workers earning $100,000 a year have $36,323 left over — a little more than a third.

Filed Under: United States Tagged With: Arizona, Phoenix

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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