Housing costs in Morenci?
A typical home costs
$152,900, which is 54.8% less expensive than the national average of
$338,100 and 62.5% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Morenci costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,550.
Can I afford Morenci?
To live comfortably in Morenci (zip 85540), Arizona, a minimum annual income of
$29,160 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Morenci?
Living in 85540 Morenci, AZ is very affordable. The cost of living index is substantially lower than the US average, at about 79.2 compared to the national average of 100. Along with being an extremely low cost place to live, Morenci's housing market is also incredibly reasonable. The median home value is only around $76,000, nearly half of the national average of $184,700. With housing prices like these, it's not hard to see why Morenci remains a popular choice for many people looking for a new home and a more affordable lifestyle.