Housing costs in Phoenix?
A typical home costs
$428,600, which is 26.8% more expensive than the national average of
$338,100 and 5.2% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$1,810 per month, which is 16.8% more than the national average of
$1,550 and 3.9% more than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85014), Arizona, a minimum annual income of
$82,080 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85014 Phoenix, AZ is relatively low compared to other parts of the country. The median home value for this zip code is $207,700, which is significantly lower than the national average. Renting is also affordable, with an average rent of $1,100 per month. Additionally, utilities such as electricity and water are reasonably priced and transportation costs are quite low. Overall, 85014 Phoenix, AZ offers a great quality of life at an affordable cost.