Housing costs in Phoenix?
A typical home costs
$338,300, which is 0.1% more expensive than the national average of
$338,100 and 17.0% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$1,470 per month, which is 5.2% cheaper than the national average of
$1,550 and 18.4% cheaper than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85015), Arizona, a minimum annual income of
$64,800 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85015 Phoenix, AZ is fairly reasonable compared to other cities. The median home value in this area is around $229,000 and the median rent of an apartment is $1,225 per month. Groceries and utilities are also relatively inexpensive. The average price for a gallon of gas is slightly lower than the national average at around $3.15 per gallon. Overall, the cost of living in 85015 Phoenix, AZ makes it an attractive place to live for a variety of people.