Housing costs in Paradise Valley?
A typical home costs
$2,341,000, which is 592.4% more expensive than the national average of
$338,100 and 474.6% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Paradise Valley costs
$2,480 per month, which is 60.0% more than the national average of
$1,550 and 29.8% more than the state average of
$1,740.
Can I afford Paradise Valley?
To live comfortably in Paradise Valley (zip 85253), Arizona, a minimum annual income of
$448,560 for a family, and
$83,600 for a single person is recommended.
What does A.I. say about Paradise Valley?
The cost of living in 85253 Paradise Valley, AZ is quite high. It has some of the highest average rent prices in the state and one of the highest median home values as well. The median household income is notably higher than most other areas of Arizona, which contributes to the elevated cost of living. Groceries, goods, and services are all priced above average for the nation as a whole and much higher than other parts of Arizona. Though it may be on the pricey side, Paradise Valley offers an incredible quality of life with access to great schools, beautiful parks, and convenient shopping centers.