Housing costs in Phoenix?
A typical home costs
$398,100, which is 17.7% more expensive than the national average of
$338,100 and 2.3% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$1,390 per month, which is 10.3% cheaper than the national average of
$1,550 and 25.2% cheaper than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85006), Arizona, a minimum annual income of
$76,320 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85006 Phoenix, AZ is quite reasonable. The average rent for a one-bedroom apartment is around $1,000 per month. Groceries, utilities and transportation are also quite affordable. With the multitude of new restaurants, shopping, and entertainment venues opening up in the area, there are plenty of options when it comes to enjoying the city at a reasonable price. Additionally, local taxes are low so more money can be saved on everyday expenses in 85006 Phoenix, AZ.