Housing costs in Phoenix?
A typical home costs
$442,300, which is 30.8% more expensive than the national average of
$338,100 and 8.6% more 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 85021), Arizona, a minimum annual income of
$84,600 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85021 Phoenix, AZ is relatively affordable compared to other cities in the US. The median home price is around $210,000 and the median rent for a two-bedroom apartment is approximately $1,100 per month. Groceries and health care are also considered affordable when compared to other metropolitan areas. Utility costs are on-par with national averages. Overall, 85021 Phoenix, AZ is a great place to live due to its affordability and convenience to amenities like shopping and entertainment.