Housing costs in Gilbert?
A typical home costs
$493,300, which is 45.9% more expensive than the national average of
$338,100 and 21.1% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Gilbert costs
$2,140 per month, which is 38.1% more than the national average of
$1,550 and 18.7% more than the state average of
$1,740.
Can I afford Gilbert?
To live comfortably in Gilbert (zip 85233), Arizona, a minimum annual income of
$94,680 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Gilbert?
The cost of living in Gilbert, AZ 85233 is generally considered to be higher than the national average. According to BestPlaces.net, the cost of living index for this area is 109.1, which is much higher than the U.S. average of 100 and the Arizona state average of 102. Housing costs are particularly high, with an estimated median home price of $369,400 in 2019. Groceries, healthcare and utilities are also on the higher side compared to other areas in the country. Despite these higher costs, many people are attracted to this area due to its excellent quality of life and abundance of job opportunities.