Housing costs in Phoenix?
A typical home costs
$302,500, which is 10.5% less expensive than the national average of
$338,100 and 25.7% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$1,600 per month, which is 3.2% more than the national average of
$1,550 and 8.7% cheaper than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85035), Arizona, a minimum annual income of
$57,960 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in 85035 Phoenix, AZ is quite affordable. The overall cost of living index for the area is approximately 11% lower than the US average. Housing prices are also relatively low compared to other cities across the country, making 85035 a great option for those looking for a budget-friendly place to live. Additionally, grocery and utility costs tend to be affordable as well. Overall, 85035 is an excellent option for those looking for an inexpensive place to call home.