Housing costs in Phoenix-Mesa-Chandler?
A typical home costs
$448,600, which is 32.7% more expensive than the national average of
$338,100 and 10.1% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix-Mesa-Chandler costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 10.9% more than the state average of
$1,550.
Can I afford Phoenix-Mesa-Chandler?
To live comfortably in Phoenix-Mesa-Chandler Ariz Metro Area, Arizona, a minimum annual income of
$86,040 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Phoenix-Mesa-Chandler?
Living in Phoenix-Mesa-Scottsdale, AZ Metro Area can be quite expensive compared to the national average. The median house value in this area is nearly $450,000, which is significantly higher than the US average of $338,100. Additionally, the cost of living in Phoenix-Mesa-Scottsdale is 112.7, while the national average is 100. This means that goods and services are 12.7% more expensive in Phoenix-Mesa-Scottsdale than they are on average throughout the country. All in all, if you're considering relocating to this area, you should be prepared for higher housing costs and a relatively higher cost of living overall.