Housing costs in Phoenix?
A typical home costs
$336,500, which is 0.5% less expensive than the national average of
$338,100 and 17.4% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$1,540 per month, which is 0.6% cheaper than the national average of
$1,550 and 13.0% cheaper than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85029), Arizona, a minimum annual income of
$64,440 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85029 Phoenix, AZ is generally quite affordable. According to BestPlaces, the cost of living index for the area is 76.90, which is 10% lower than the United States average. Rent prices are also fairly reasonable, with one-bedroom apartments averaging about $735 per month and two-bedroom apartments costing around $863. Groceries are cheaper than the national average as well, with a three course meal for two people costing about $30 on average. Public transportation in Phoenix also runs multiple routes throughout the city at a very reasonable price of just $2 per ride. All in all, 85029 Phoenix provides an affordable living situation for those looking to make their home in this part of Arizona.