Housing costs in Phoenix?
A typical home costs
$607,100, which is 79.6% more expensive than the national average of
$338,100 and 49.0% more expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Phoenix costs
$2,400 per month, which is 54.8% more than the national average of
$1,550 and 27.5% more than the state average of
$1,740.
Can I afford Phoenix?
To live comfortably in Phoenix (zip 85054), Arizona, a minimum annual income of
$116,280 for a family, and
$80,800 for a single person is recommended.
What does A.I. say about Phoenix?
The cost of living in Phoenix, AZ 85054 is relatively low compared to other areas of the country due to its abundance of affordable housing options. Whether looking for an apartment or a house, it's easy to find something within most budgets. Groceries, transportation, and health care also tend to have lower costs than in other parts of the US. Dining out can be expensive at times, but there are plenty of reasonably priced meals available throughout town. Overall, Phoenix 85054 offers a great quality of life for those looking for an affordable place to live.