Cave Creek, AZ Cost of Living


5 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Cave Creek cost of living score
113
More expensive
13.0% higher
than the US average
6.2% higher
than the Arizona average
Cave Creek, Arizona gets a BestPlaces Cost of Living score of 113, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% higher than the U.S. average and 6.2% lower than the average for Arizona.

Cave Creek, AZ

Housing costs in Cave Creek?
A typical home costs $877,900, which is 159.7% more expensive than the national average of $338,100 and 115.5% more expensive than the average Arizona home, at $407,400. Renting a two-bedroom unit in Cave Creek costs $2,580 per month, which is 80.4% more than the national average of $1,430 and 39.9% more than the state average of $1,550.

Can I afford Cave Creek?
To live comfortably in Cave Creek, Arizona, a minimum annual income of $168,120 for a family, and $87,200 for a single person is recommended.

What does A.I. say about Cave Creek?
Cave Creek, AZ is a relatively affordable place to live compared to many other areas in the United States. The cost of living index in Cave Creek is 91.3, which is 9.7% lower than the US average, making it an attractive option for those looking to stretch their dollar further. Groceries and health care are slightly less expensive than the national average, while housing costs are slightly higher. The median home price in Cave Creek is $360,000, but there are still plenty of less expensive options available for those on a tighter budget. In addition to housing costs, residents can expect to pay slightly more for utilities and transportation when compared to other parts of the country.
   Cost of living score
     CategoriesCave CreekArizonaUnited States
  113.0106.4100.0
  10396.1100
  92.597.3100.0
  272.4119.7100.0
  $877,900$407,400$338,100
  102.4%102.7%100.0%
  120.4107.0100.0
  105.893.7100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Cave Creek
    See all (5)

Over 6 years ago

Beautiful homes and area with larger parcels and horse properties. Wonderful people. Low crime. Great climate except 3 months of hell heat in the summer. But you can  More

   |    Reply

Cave Creek is beautiful especially if you make lots of money! It has a mix of down to earth people and affluent show boaters, heavy drinkers and bikers. Very eclectic.  More

   |    Reply

Over 10 years ago

The drawback to living in Cave Creek are the summers. If you can leave for 3-4 months and return in the fall, Cave Creek is  More

   |    Reply

Start Your Review of Cave Creek

Crime
Compare Cave Creek, AZ cost of living
Compare food, housing, utilities, and more in Cave Creek, Arizona to any other city in the US.