Housing costs in Payson?
A typical home costs
$402,100, which is 18.9% more expensive than the national average of
$338,100 and 1.3% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Payson costs
$1,120 per month, which is 27.7% cheaper than the national average of
$1,550 and close to the state average of
$1,100.
Can I afford Payson?
To live comfortably in Payson (zip 85541), Arizona, a minimum annual income of
$77,040 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Payson?
The cost of living in 85541 Payson, AZ is relatively low compared to many other cities around the country. The median home value in the area is just $164,400, a full 21 percent lower than the national median. Average rental rates are also lower than average for the state and nation. The overall cost of living is also 4 percent less than the national average, making it a great place to live for those on a budget. Additionally, taxes are much lower than most other places in Arizona; property tax rates are safe at 0.77% and sales tax is only 6.6%. All these factors make 85541 Payson, AZ an ideal location for people who want to save money on their living expenses while still enjoying all that the city has to offer.