Housing costs in Phoenix?
A typical home costs
$296,100, which is 12.4% less expensive than the national average of
$338,100 and 27.3% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$1,360 per month, which is 12.3% cheaper than the national average of
$1,550 and 27.9% cheaper than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85017), Arizona, a minimum annual income of
$56,880 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85017 Phoenix, AZ is relatively affordable for residents as the median home value is $267,900 and median rent is $1,340. This is lower than the national averages, which can make it an attractive option for those looking to live in a city with plenty of amenities and attractions. Groceries and utilities are also fairly reasonable when compared to other cities, making it an ideal place for those who want to enjoy all that Phoenix has to offer without breaking their budgets.