Housing costs in Peoria?
A typical home costs
$624,600, which is 84.7% more expensive than the national average of
$338,100 and 53.3% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Peoria costs
$2,540 per month, which is 63.9% more than the national average of
$1,550 and 31.5% more than the state average of
$1,740.
Can I afford Peoria?
To live comfortably in Peoria (zip 85383), Arizona, a minimum annual income of
$119,520 for a family, and
$85,600 for a single person is recommended.
What does A.I. say about Peoria?
Living in 85383 Peoria, AZ can be quite affordable. The median home value is $268,200, which is much lower than the national median of $219,700. The cost of living index in Peoria is 106.9, which is 6.9% higher than the US average cost of living and slightly higher than the Arizona average of 105.1. However, groceries, health care, housing and utilities remain relatively low despite being higher than the national average. Property taxes are also below the national average for an area with such a low cost of living. This makes 85383 Peoria, AZ an ideal place to live for those who are looking for affordability without sacrificing quality of life or access to amenities.