Housing costs in Florence?
A typical home costs
$356,400, which is 5.4% more expensive than the national average of
$338,100 and 12.5% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Florence costs
$1,600 per month, which is 11.9% more than the national average of
$1,430 and 3.1% more than the state average of
$1,550.
Can I afford Florence?
To live comfortably in Florence, Arizona, a minimum annual income of
$68,400 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Florence?
The cost of living in Florence, AZ is relatively low compared to other parts of the state. The median home price is $208,600 and monthly rent prices average around $1,040 per month. Utilities are affordable as well, with monthly utility costs averaging less than $200 combined for gas, electricity, water, sewer and trash services. A meal at a mid-range restaurant will cost around $15 per person and groceries at local supermarkets are reasonably priced. With the variety of activities to do in Florence for free or low cost like hiking trails and local events, this Arizona town is an ideal place for those looking to experience a laid-back lifestyle on a budget.