Housing costs in Cottonwood?
A typical home costs
$368,400, which is 9.0% more expensive than the national average of
$338,100 and 9.6% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Cottonwood costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and 24.0% cheaper than the state average of
$1,550.
Can I afford Cottonwood?
To live comfortably in Cottonwood, Arizona, a minimum annual income of
$70,560 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Cottonwood?
The cost of living in Cottonwood, AZ is relatively low compared to the national average. The median home value in Cottonwood is $216,600 which is almost 20% lower than the US average. Additionally, residents spend an average of 15.2% less on food than other areas of the country. Cost of transportation and utilities are also lower than the national averages. All these factors combined make Cottonwood a great place for people looking for a more affordable lifestyle than what they can find elsewhere.