Housing costs in Gilbert?
A typical home costs
$558,200, which is 65.1% more expensive than the national average of
$338,100 and 37.0% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Gilbert costs
$2,580 per month, which is 66.5% more than the national average of
$1,550 and 32.6% more than the state average of
$1,740.
Can I afford Gilbert?
To live comfortably in Gilbert (zip 85297), Arizona, a minimum annual income of
$106,920 for a family, and
$87,200 for a single person is recommended.
What does A.I. say about Gilbert?
The cost of living in Gilbert, AZ 85297 is relatively high compared to the national average. The median home value is currently $263,400, with property taxes averaging around $2,500 annually and an unemployment rate of 4%. Utility costs are comparable to the national average and food prices tend to be slightly higher than other areas. Overall, living in this area is expensive but worth it in terms of the quality of life you can enjoy here.